Long term, ALT dominance is going up, there's no question about that. The hard part is knowing which ALT will outpeform BTC. ETHBTC for sure but apart from that, other ALTS take turns. So it's a trading game. The safest bets are the top 10 ALTS but those change too. Top 10 ALTS 3-4 years ago are completely different than today! Ethereum will do well vs BTC,...
Not good for BTC and cryptos. It's likely we are going down for a while. How high will USDT dominance go? Hopefully not too high!
I'll help you out. This is a mega bullish RSI divergence on the 4 hourly. My bet is that Bitcoin dominance starts reversing really soon! Sell your alts for BTC! What are you waiting for?
It's hard to believe alts will outperform Bitcoin in the next couple weeks. Over the next couple months, yes, for sure. But right now, it's BTC's turn to shine! It really feels like Bitcoin will bounce from here. ETHBTC is way over extended!
VIX has closed down under the support trend line. It did not bounce which is good news! Markets will be bullish for the rest of August until it reaches 16.
This is bullish. The weekly RSI just broke out. Tech stocks will do very well in the next couple months.
Beautiful head and shoulders that would bring down the price to 0.05. I feel like BTC needs to start performing alts for a while.
ETH has exploded recently but we've reached a major floor for the BTC/ETH price. It's more likely BTC will outperform ETH for the next couple months. This trendline looks very similar to what happened from 2016 to 2018.
BULLISH for ALTS! Altseason incoming? It looks like it!
When the RSI breaks out, it's BULL RUN time!! The Nasdaq has been destroyed! It's time to get a relief rally!
Look at that beautiful pattern dating back 2017 from the BTC peak. We've reached a major support which should hold. BTC will start outperforming the NASDAQ. I really like this chart. I have a good feeling about this fractal . Now is actually the opportunity of a lifetime! Crypto markets will never reach these lows, ever again.
RSI looking good on the weekly! Could we get a nice juicy bull run?
When we break out of the price channel, it's PARTY time! Could we do a 17x in 5 months?
17x your Bitcoin in the next 5 months? Possible? MEGA bullish weekly RSI divergence!
MEGA reversal when DXY hits 110. Another 5 points to go! Top in July / August / September
HODL! Pain is not over but hopefully we have a V shaped recovery after touching the low!
If you divide SPX by the MONEY SUPPLY (M2SL), you see the bull run we've had since the COVID crash only gets us back to our last high in January 2020. No new ATH, and we are VERY far from the 2000 high. The current pattern has many similarities to the 76-95 pattern. MACD seems to be the indicator to pay attention to. In July 1995 (Independence day) it broke out...
Will it go to 25%? From 15% to 25%? From the charts, it seems like it's possible! ETH dominance is bouncing perfectly from the trendline!