🔥 Bitcoin Dominance Break Out! Watch Your Alts 🚨
As of this week, the Bitcoin Dominance (BTC.D) has broken out of a 6-month consolidation period. This means that money is flowing out of altcoins into Bitcoin again.
It's difficult to predict how high BTC.D will go, but I think we can make a an educated guess by looking at the diagonal purple resistance.
Historically, bull-markets (especially for alts) started at the red arrows. Remains to be seen if it will happen again.
For now, alts are likely going to lose value against Bitcoin, especially during dumps like yesterday. Start looking to buy alts again after BTC.D hits the top resistance.
It's difficult to predict how high BTC.D will go, but I think we can make a an educated guess by looking at the diagonal purple resistance.
Historically, bull-markets (especially for alts) started at the red arrows. Remains to be seen if it will happen again.
For now, alts are likely going to lose value against Bitcoin, especially during dumps like yesterday. Start looking to buy alts again after BTC.D hits the top resistance.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。