CryptoPatel

Altcoins One More Blood Bath Coming ( Bitcoin Dominance Chart )

Long
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
#Bitcoin Dominance Chart Update:-

BTC Dominance currently trading at 44.33%
And this area is Perfect Retest Area.

So Now I am expecting Upward move toward 50% Dominance Level.

So If Bounce and Go toward 50% then Altcoins will be bearish and One More Bloodbath can expect.

So If Dominance Above 43.50% then Not good For Altcoins.

But One more thing I am tracking at this Time.
If Dominance will increase then Bitcoin Price move Down Side.

Mean Currently Dominance = Inverse Proportional to Bitcoin Price.

Red Area = Blood Bath in Altcoins.

Below Red Zone= Good For Altcoins.

Resistance:- 48%/56%/62%
Support:- 43.50%


Keep watch before open any tradez

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