BTC.D - probably most important chart for alts in upcoming weeks
Scenario 1:
BTC pumps hard to new ATH and demolish alt/BTC pairs. First BTC dominance target is 52.5%, second if it gets to it is aporx. 57% (or 200 W MA - red line).
Both targets are good entry point for demolished alt/BTC pairs.
BTC.D reverse to new ATL (all time low) and alts pumps like crazy. (similar to 2017/2018 bull run).
Scenario 2:
BTC dominance dip under 40%. BTC and alts are pumped al in the same time (alt/BTC charts remains in good shape, they outperformed BTC). Main target area is aprox. 27% of BTC dominance.
Or Bitcoin remains sideways while alts pumps, but I will not give this option big chances. BTC always lead the waves.
Scenario 1 looks more probable but this is crypto and you can not take anything as a certainty.
BTC pumps hard to new ATH and demolish alt/BTC pairs. First BTC dominance target is 52.5%, second if it gets to it is aporx. 57% (or 200 W MA - red line).
Both targets are good entry point for demolished alt/BTC pairs.
BTC.D reverse to new ATL (all time low) and alts pumps like crazy. (similar to 2017/2018 bull run).Scenario 2:
BTC dominance dip under 40%. BTC and alts are pumped al in the same time (alt/BTC charts remains in good shape, they outperformed BTC). Main target area is aprox. 27% of BTC dominance.
Or Bitcoin remains sideways while alts pumps, but I will not give this option big chances. BTC always lead the waves.
Scenario 1 looks more probable but this is crypto and you can not take anything as a certainty.
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