AS you it is is btc dominance and it is not have any resistance till 68% so we will see more upside in btc and more downside in alts. but as soon as it touch fib. levels then the alts starting to move and this time alts going crazy.
guys fill your beg with alts and set a bid of -10% of current price for buying
$ALT Season in the making? - Just watch Bitcoin dominance
Bitcoin dominance dropped 10% to 14% during the monster altcoin runs in 2018
My strategy for buying altcoins is to watch the charts for BTC dominance % to pullback
An alt rally could push BTC % back down near 50%+/-
CRYPTOCAP:BTC.D turns bullish the first time. Why does it matter?
One thing everyone should be aware of is the fact, that during the last bull market, the Bitcoin market share dropped from 95% to 30% and now for the first time the time series analysis shows bullish signals in the long term trend. Does this go against the masses? I bet it does.
Opinions might...
further upside indicated inverse head and shoulders on the weekly could top out at 68%! BTC pairs will get rekt, however it will be hell of an altseason soon!
The market dominance of Bitcoin is at a 2019 High having reached the 2018 Highs this week. With the RSI breaking over 70.000 it has completed a cup formation a relief consolidation is expected.
The alt market dominance is past its 2018 Lows approaching the 2017 levels. The equilibrium of the two market dominance markers is close to be achieved and since April...
Disclaimer: If you are primarily interested in copying other people’s trades then this is not for you. However, if you are willing to put in the work that it takes to learn how to trade for yourself then you have found the right place! Nevertheless please be advised that you can give 10 people a profitable trading strategy and only 1-2 of them will be able to...
Most of the market is consolidating their holdings into BTC in the hopes of catching the next major rise. This is the great alt purge many thought would come in a bear market. But instead, the rise of bitcoin in a bull market has forced the hands of whales that have moved into alts as a safe haven from volatility.
The market direction can shift quickly so a daily...
Usually, Btc dominance go down means Alt marketcap go up which means Alt time. This is expected to take place within the next 15-20days after which btc will take over again. good luck and be careful not to pick shittest of the shitcoin
