orlinmyer

Bitcoin Dominance Continues to Decline

Short
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Expect BTC.D to continue to fall in to the 55-57% range in the coming while.
A corresponding boost to XRP and XLM should be seen during that rotation of capital from BTC into the other coins.
Good time to be in XRP... BTC, not so much.
Expect an eventual sharp move away from BTC ATH levels back into the $11,700-$16,000 range (I know that's a big range, but I haven't studied it enough yet)
Enjoy
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.