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

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.