BTC.D update - Jan 03 2025
BTC dominance followed previous analysis nicely and had an upward move which was in fact the retest of the long term ascending trendline as well as the 58% zone.
The retest seems to have been completed and BTC.D appears to be heading for much lower levels.
This means more focus should be placed upon altcoins as they will probably out-perform BTC from now on provided that BTC doesn't dump heavily. in other words as long as BTC.D is dropping and BTC remain steady or rising, we can experience an alt-party/ altseason.
The retest seems to have been completed and BTC.D appears to be heading for much lower levels.
This means more focus should be placed upon altcoins as they will probably out-perform BTC from now on provided that BTC doesn't dump heavily. in other words as long as BTC.D is dropping and BTC remain steady or rising, we can experience an alt-party/ altseason.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.