BTC dominance Analysis
BTC dominance after breaking down the rising wedge tested and broke the important support zone of 42.25.
Now 42.25 is acting as a resistance,
Scenario #1- If not broken BTC.D will move for 35.85 {life time low (2018) } with a minor resistance at 39.99. [This scenario will help us to get a Mini Alt season (20-200% gains)]
Scenario #2- If 42.25 is penetrated, we will head over to 43.96 and 44.87. Alts will suffer a bit while BTC price going up. [After these levels we will have a massive alt season (200-1000% gains)]
Now 42.25 is acting as a resistance,
Scenario #1- If not broken BTC.D will move for 35.85 {life time low (2018) } with a minor resistance at 39.99. [This scenario will help us to get a Mini Alt season (20-200% gains)]
Scenario #2- If 42.25 is penetrated, we will head over to 43.96 and 44.87. Alts will suffer a bit while BTC price going up. [After these levels we will have a massive alt season (200-1000% gains)]
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