z_hq

Possible Dropping Dominance BTC.D

CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
This fractal on the monthly BTC.D chart has the potential to play out--especially if we close the weekly candle below 39.95%.

If the merge ends up being successful and bringing more money back into the altcoin eco-system--mixed with some positive macroeconomic news--there is a big chance for altcoins to have relative gains against Bitcoin. Dominance targets include 33.7% and 27 %.

No guarantee this plays out, but I find it useful to have plans either way.

What do you think?

Not Financial Advice

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.