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xtremerider8

BTC Dominance uptrend;BO pivot TL & 44 support; Altcoin winter?

Long
Market Cap BTC Dominance, % (CRYPTOCAP:BTC.D)  
xtremerider8  
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Technical Indicators btcdominance BTC altcoins Bitcoin (Cryptocurrency)
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indicator btcdominance btc altcoins bitcoin
BTC dominance just shot up, breaking out of a down trending pivot line & also a horizontal support at 44.
Does this predict an Altcoin Winter coming?
Altcoins are falling a lot more than BTC which is holding better within the 29k to 31k range until recently when BTC again broke below 29k.
Going forward BTC may gain faster when market bottoms.
Not trading advice
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