As we have seen lately with the ALTs making moves, one should also be ready for opportunities when BTC has its turn. Looking in the long term, I see BTC dominance dropping however I don't envision it going in the straight line. So be cautious as to when you flip from Alts to BTC to Alts. At this point, I'm looking for a few daily candles to hold up BTC before a small bounce but its not there yet.
Note: 73% dominance was the top.
Cheers, S.Sari
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Bullish Div. coming to play in the 4 HRLY. Soon another bounce with the dominance. Question is, is it to a BTC price drop or price rise? I'm bullish, price rise?
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Explains why the Alts are droppign
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I was looking at BTC dominance today and thought there will be a bounce ...but slowly. Not to be so. I think it hit the mark and now it will settle down for another ALT rally
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Target reached and now a bullish divergence taking place, hence explains why many of the alts are dropping. In some cases, the ALTS have reached their target.