As much as i don’t like to analyze this chart, I acknowledge is pretty important. Bitcoin dominance broke the trend line, retested it on lower time frames and is currently heading down again.
Conclusion: i’d say is pretty safe to sit on altcoins for the next few days.
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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.