Bitcoin Dominance Bearish Setup for Crypto Bull Run- Bitcoin Dominance is currently trading at 60.08%
- Bitcoin Dominance is the biggest reason behind ALTCOINS dumping hard since months.
- BTC D market structure will shift bearish once we see a weekly close below 58.57%
- BTC.D under 58% will trigger an impulsive move in Altcoins and that can lead to a huge rally in alts worth 300-500%
- Bitcoin Dominance dumping might also lead to a parabolic shift in ETH/BTC.
- Ethereum and other alts will jump hard only when this dumps, 2 zones I am looking for to expect a reversal from for BTC D is 64 and 72 for a worst case scenario.
Btcdominancechart
Bitcoin Dominance Bias Update + Altcoins Rally - Bitcoin Dominance is currently trading at 57.58%
- Altcoins will only trigger a rally when we see BTC Dom triggering a sell-off and bearish trend
- Bitcoin Dom has shown a very minimal slowdown and retracement that's leading to altcoins jumping
- I will be more interested to see BTC Dom breaking down and changing its Market Structure and that's where you will see Altcoins jumping more harder.
- Wait for a structure shift beneath 54% and claim back to 55 and then again a drop that's where we will see huge expansionary moves in Alts
- Q4 has been very bullish in the past expecting the same this year as well.
BTC DOM Bitcoin Dominance Update - Bitcoin Dominance is the major reason behind Altcoins falling badly
- Bitcoin dominance is currently rising and trading around 53.7 which looks bullish
- I expect it to retrace and fall back again from its overhead supply
- You should look to add alts once it's near the supply it might pierce it a little and then fall back too
- Do not get trapped
BTC Dominance Double Top formation | Pump in ALT soonas we can see BTC Dominance have formed Double top. We have seen good rally in bitcoin since starting of this month but Alt;s are under performing. But now, big pump for Alt is coming. This week we'll defiantly see a good rally in Alt Coins.
This is time to long. As per my last analysis on SUSHI, i am 100% sure Sushi will touch $15 by end of this month.