Alt Season
Bitcoin and the alts have really taken off in the beginning of 2020. ETH/BTC just out in a double bottom, broke a huge downward trend, and I’m leaning toward the start of a new alt season. Bitcoin has gained significant dominance back relative to the rest of the Crypto market cap. This pair is a helpful indication that BTC’s demanded may be flipping. First updated target is 34% to the next fib retracement.
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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.