- 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
As per Present #BITCOIN Dominance Chart... Whenever in June Bitcoin Dominance goes to downtrend, BTC price also goes downwards to $21.5k to $19.5k at this stage soon...
as 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.
Double Bottom! Market High....everything Needs CORRECTION to be balance the future.....happy rally....
BTC dominance is gonna decrease and alts are gonna boom if you are willing to short btcdom then go for it targets are given stoploss according to risk
BTC DOMINANCE BEARISH FLAG PATTERN