BTC Dominance on 16-07-2019Here 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 will be more blood on the streets. Unless BTC dominance comes down,its better to stay out of alts. Stay safe. Cheers!!!Shortby kingcryptooPublished 0
Bitcoin Dominance in Decison StageBe Ready For Massive Volatility in Altcoin'sby cryptonutty2Published 1
How to ride BTC rally? When to move money from BTC to ALTS?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 might retest BTC trend line around $11500 (market will be very volatile at this point) Will add more after fulfilling given targets.. MACRO TRENDS: Blue lines are the resistance lines/rays, derived from 2017 bull run - Can be seen as the starting points. Watch out for these lines, will create a good shorting opportunity. - First line is at 69.90% Dominance - Second line is at 77.43% Dominance Future prediction on when to get the money out of ALTS: When $BTC dominance hits yellow line or breaks yellow line then it means that the ALT season is over. Time to covert investment back to $btc (with stop-loss) or $USDT to be safeLongby maxabUpdated 1