Notice the similarities in 2017 and now. The marked Green circle shows the similarity of Today with 2017 BTC dominance. We are currently ending Cycle "2"->"3" and about to start Cycle "3" -> "4" in August 2021. As per this chart, BTC dominance should fall after reaching the 1.618 Fib Retracement at BTC dominance 51 level. August 2021, we could see a Good Alts...
Notice the similarities in 2017 and now. The marked Green circle shows the similarity of Today with 2017 BTC dominance. We are currently ending Cycle "2"->"3" and about to start Cycle "3" -> "4" in August 2021. As per this chart, BTC dominance should fall after reaching the 1.618 Fib Retracement at BTC dominance 51 level. August 2021, we could see a Good Alts...
Technical Analysis:
BTC Dominance
Seems to be on some resistance here, just as BTC is nearing the top of the range its been in for just over a month.
I’ll be watching this play out, if we see BTC.d break this res its likely because BTC has broken out of the range highs. However, be weary because a volatile move up for BTC could be followed by a volatile move...
BTC dominance took a hit after many alt coins saw unprecedented buying there a lot of coins that are undervalued but majority of alt coins dont deserve the valuations that they are currently trading at.
Expecting the shitcoins to underperform whereas BTC to reclaim its dominance.
$45-50k zone would be a good zone for sideways move and after consolidation the...
BTC dominance following Disjoint channel now its top at 66-67 but i would and many ct personally think it will fall to 58 if this happen again we'll see massive spikes in alts and that would be the biggest Cryptoszn ever
