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MichaelL200

Bitcoin Dominance, Weekly, BTC as a crypto-safe-heaven

Long
Market Cap BTC Dominance, % (CRYPTOCAP:BTC.D)  
MichaelL200  
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Trend Analysis Supply and Demand btcdominance btcd BTC Bitcoin (Cryptocurrency) altcoins bearmarket choch Supply Zone
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trendanalysis supplyanddemand btcdominance btcd btc bitcoin altcoins bearmarket choch supplyzone
I think the recent bearish CHoCH on BTC.D is fake and it is only a liquidity grab of the previous bullish CHoCH. During the recent bull market, Bitcoin has lost its dominance. That's why I think that during this bearish market, the altcoin drops may still be ahead of us. Bitcoin dominance would continue to decrease after reaching the imbalanced zone before the 1st CHoCH.

Idées en relation

MichaelL200
S&P 500, Daily, 2008 Analogy - before the worst?
MichaelL200
Bitcoin, Weekly, My long-term view
MichaelL200
BTCUSD, Weekly, Bearish moving averages
Clause de non-responsabilité

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