Alts season might have started. Same W double top formation as in May. Confirmation is a break below %64.62, and dominance will go back to %57.46.
Commentaire:
starting not to trust tradingviews datafeed. Yesterday many indexes had false data point, even buggy data points, it broke the indicators. Now BTC.d going up and alts are going up. Makes no sense.
Commentaire:
Alts postive correlation with BTC.d happens from time to time and is usually bearish reversal sign for Alts. BTC.D broke out from the falling widening wedge and I think it will go to %74, so no alts season yet.
Commentaire:
unless it is a fakeout which happens often with this index, but it starting to have too many closed bars above the wedge resistance.
