We are approaching a decisive moment for the crypto market. We are currently in an apex for BTC Dominance (BTCD) which is soon to break up or down...
By early 2021 we will know if we enter a strong alt season with gains in double or even triple digits for alts or will BTC rally like in 2017 leaving alts to pick up the pieces and hope to recover later.
Short terms BTCD looks bearish, signaling alts will have a good run for their money. But that can quickly change if BTC pushed above ATH level and starts running.
By early 2021 we will know if we enter a strong alt season with gains in double or even triple digits for alts or will BTC rally like in 2017 leaving alts to pick up the pieces and hope to recover later.
Short terms BTCD looks bearish, signaling alts will have a good run for their money. But that can quickly change if BTC pushed above ATH level and starts running.
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