Bitcoin dominance is at major support. If dominance break below the support zone we will see a good rally in altcoins. The DeFi hype may break the support zone and bring a good altseason. Many altcoins did 3-5x from their all-time low price. The alt rally will attract new investors and that will increase the price of bitcoin also. The dominance will bounce back...
This is my personal opinion and observation. it is not financial advice.
#BTC Dominance Update: Dominance broke below the bearish pennant looks like it want to retest the first Green support. If it does I am sure it should provide room for alts to grow. Subscribe For Daily Update
btc dominance trading analysis which probably give idea for where price is might go up..
BTC dominance at trend support , Breaking this will push Alts up and an Alt season can be expected...
Here is the BTC dominance graph. Currently its at 69.31%. Todays highest dominance was 69.78% The highest on 6th Dec 2017 was 69.99% and from there it dumped for almost 50%. But this time,case is different. BTC seems to be breaking the level of 70%. If we break that level and if we close above 70%,then we will be moving towards 75% dominance which means there...
Be Ready For Massive Volatility in Altcoin's
MICRO TRENTS: BTC.D is currently forming an ascending triangle.One thing most of the people didn't realize is that during the ascending triangle(this week) $BTC.D tested previous strong resistance. And now it is ready to be launched. My prediction is that It's going to break the ascending triangle and move towards first resistance line. Around $16,500, and then it...