#Bitcoin Dominance: Broke above a multi-year resistance. Likely to reach higher levels in the coming weeks. This indicates there could be a rise in Bitcoin's dominance in the market in the next few months all the way to having. What does it show?
Always look at the big picture! Zoom Out.
#Crypto #Bitcoin #trading #Altcoins
Do hit the like button if you find this chart helpful and share your views in the comment section.
#PEACE
Trade active
To clarify, this is merely an observation from fractals, indicators, and PA. So always DYOR, Do not forget that the mcap also includes Stable coins not just Alts and BTC. Always expect the unexpected and be prepared for what's coming. Dominance reached 73% 7 months after the 2020 Halving. That was the beginning of the ALT SEASON. 70%? Yes, it's possible!
Note
To click on this chart.
Note
MANY ALTS are going to be kicked out of the market. Being a holder isn't the fashion anymore. Trade the trends.
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.