Bitcoin dominance BTC.D Analysis #TheCryptoCity
As per Dominance Chart currently, Dominance is at 41.64%
and Now BTC.D is at Resistance if it flips the 41.90% level we can expect an Upward move.
If Dominance Pump then ALT coins Dump Hard.
So be prepared with your all positions and keep an eye on the dominance chart don't Panic and if rejected from this level it is good for ALTS
in Simple you can understand:-
= If BTC Dominance moves up ALTS bleed
= If BTC Dominance moves down it is good for ALTS
This Is My Idea I Could Be Wrong
and Now BTC.D is at Resistance if it flips the 41.90% level we can expect an Upward move.
If Dominance Pump then ALT coins Dump Hard.
So be prepared with your all positions and keep an eye on the dominance chart don't Panic and if rejected from this level it is good for ALTS
in Simple you can understand:-
= If BTC Dominance moves up ALTS bleed
= If BTC Dominance moves down it is good for ALTS
This Is My Idea I Could Be Wrong
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.