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unaveragejoe
May 16, 2020 9:31 PM

BTC.D - Going down Long

Market Cap BTC Dominance, %CRYPTOCAP

Description

BTC dominance clearly trending downward. The current pattern is being compared to a grind line from previous patterns, but looking at that makes you oblivious to the fact that the pattern was extremely different. So many things have changes since then, including the corona-correction and corresponding v shaped bounce back, with massive volume. To so definitively say that btc dominance will continue to go up at the same rate as it has done in previous grind lines is missing the big picture.

It's amazing because pretty much no one is saying this.
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