BTC Dominance Decision: Price Dump or ALTs Pump

BTC.D is at a very elevated 4H RSI and has not been this high since September 2022.

Depending if support/resistance flip occurs here at 41 we could see 2 different scenarios:

1) BTC price still has lower to go and ALTs respectively will feel the pain and BTC dominance rise

2) BTC dominance begins to reject here and descend, allowing ALT prices to establish a bottom and start climbing and BTC dominance falls

Let's see where this goes.

Good Luck

Komentar:

Verdict: Price dump

Komentar:

BTC.D important decision. this could be the bottom for ALTs if BTC.D reverses here? of the end of many ALTS if BTC.D advances