BTC Dominance - How it will affect the Market!
BTC.D is at critical support level at this huge channel bottom and printing a bullish RSI divergence!
RSI breakout will be confirmation!
What does it mean for Alt Coins?
If New Money is to Enter the Market, BTC Price is to go UP (This is what I think will happen in the coming weeks), BTC will leave Alts behind for the time being and Just skyrocket by itself.
If not and BTC Price went UP, it will be at the expense of Alts, and Alts will suffer!
If BTC Price is to go Down >>>>>>> Alts will Doom !!! ......... Be careful from this scenario and watch your bags!
Good Luck & Trade Smart.
RSI breakout will be confirmation!
What does it mean for Alt Coins?
If New Money is to Enter the Market, BTC Price is to go UP (This is what I think will happen in the coming weeks), BTC will leave Alts behind for the time being and Just skyrocket by itself.
If not and BTC Price went UP, it will be at the expense of Alts, and Alts will suffer!
If BTC Price is to go Down >>>>>>> Alts will Doom !!! ......... Be careful from this scenario and watch your bags!
Good Luck & Trade Smart.