Bitcoin Dominance Answers: Altcoin SZN, or another DEAD SZN
Hey!
This is price action analysis for BTC.D (bitcoin dominance over altcoins).
During next couple of month there is an opportunity for short-term alt season, but we need to see all options.
So importance level are at 66.66% dominance, if price going to break one we going to see huge dump of alts, I can say -50% from current prices over couple of months.
Another hand is more likely we will get an short alt season if btc.d% break down from 65% towards 62.20% this will make alts huge pump. Speaking from my experience it might be over 2x-5x on certain coins/tokens
Check the chart and if you like the visuals, let me know by pressing like.
Stay tuned!
BR,
Artem Shevelev
This is price action analysis for BTC.D (bitcoin dominance over altcoins).
During next couple of month there is an opportunity for short-term alt season, but we need to see all options.
So importance level are at 66.66% dominance, if price going to break one we going to see huge dump of alts, I can say -50% from current prices over couple of months.
Another hand is more likely we will get an short alt season if btc.d% break down from 65% towards 62.20% this will make alts huge pump. Speaking from my experience it might be over 2x-5x on certain coins/tokens
Check the chart and if you like the visuals, let me know by pressing like.
Stay tuned!
BR,
Artem Shevelev
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