Crypto Market Update: Bitcoin Dominance & Altcoin Season
- MIL:BTC Dominance: Bitcoin's market share is near a 3-year high. Remember, a rise in CRYPTOCAP:BTC.D means more market cap is going to Bitcoin instead of altcoins.
- Altcoin Opportunity: The best setup for altcoin growth is when MIL:BTC price rises but CRYPTOCAP:BTC.D falls. This means money is...
An overview of the full crypto market with my perspective , its my first time recording a video and trying to explain people through a video , Hope you all appreciate and I will try to make it better the next time.
I showed the CRYPTOCAP:TOTAL3 (alt market cap) , and you areas to NOT take trades on , and areas to EXIT / TAKE PARTIAL / TAKE PROFIT on and the...
CRYPTOCAP:BTC.D
It seems that BTC.D is already in a downtrend towards 48%. The Dominance Dip along with sideways movement implies a significant pump for altcoins or a small 'alt-rally' before BTC makes significant movements from the $32K region.
Also, it is likely that the BTC.D may bounce back to 56% after that. This may be, because (1) BTC continues to move...
CRYPTOCAP:BTC.D Expecting the true alt season to arrive later. Bitcoin Dominance Index is currently consolidating for its last legup, potentially reaching 60% or beyond in the coming months.
This isn't a signal to sell, but a suggestion to buy more. The real altcoin excitement is still ahead. #Bitcoin #Altseason
