The 2019 and 2020 BTC pumps started when the ratio hit the resistance line. We needed one last capitulation. I suspect the true bottom will be within the month. We need one last flush.
Look at this AMAZING chart! BTC is breaking DOWN vs DEFI. My feeling is that DEFI will wayyyyyy outperform BTC in the coming months! Could we go from 7.3 to 3 ? That's a 60% decrease.
Will history repeat? ETH might be stronger in the near term. ADA will pop eventually. Possibilile early 2023.
Last time the Tether dominance broke down like this, BTC went from 10k$ to 60$. The question is where is the top? Early 2023 or Sept 2023?
Might be possible in the next bull run! Time will tell Google likes HBAR.
Can XRP dominance go back to 20%? It hapenned twice before. From 3% to 20% is a 800% increase. This is NOT PRICE! 20% of $4T is $800B With 60B circulating supply, that's a price of $13.28 That would be CRAZY!!!!!!!! That's a 25x from here.
When the yield curve starts going up, that's when markets start crashing. Currently, the yield curve is going down. It will create a small base first, then start going up. IMO, we have another year of good times before we crash for real.
Dude, what does this pattern look like? No, the BTC dominance is NOT going to 50%! It's going to 30%! Stop lying to yourself. The sooner you accept reality, the bigger your bags will become. Thank me later.
Can Elrond do it? That's a 30x from here. 5x for sure 10x maybe More than 10x, unlikely. Just getting to the last ATH, that's a 10x
Is a MELT UP bull run in the cards for the near future? I believe it's very possible! Then MEGA 2.5 years crash.
How high could BTC go in this incoming MELT UP market? $100k is possible? ETH at $10-15k
Are you bullish or bearish on SOLBTC? I'm an optimist so I would bet on SOL
It's hard to tell if it's going to break up or down. Will ETH suck in all the liquitidy?
Will we breakout of the resistance to have an altcoin season? When we do, the dominance will go to 70%+. BTC at 30%. Long term, I believe Alts will outperform BTC. But liquitity could go back to Bitcoin short term. BULLISH ON CRYPTO!
What happened the last time we had a MEGA divergence between price and RSI? Did it go up or down?
Look at that beautiful head & shoulder pattern on the BTC vs BIG ALTS chart! If it plays out, the ALTS will have a GREAT couple months! Crossing my fingers! Time will tell.
Did the Bitcoin dominance just break down from the BEARISH RISING WEDGE pattern? Looks like it! Mainly thanks to ETH which has exploded last couple days!
How high is it going to go? Previous ATH is a 5x from here. That would be pretty sweet!