CoreCrypto1

BITCOIN DOMINANCE UPDATE! SHOULD HOLD YOUR ALTCOINS OR NOT?

Long
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
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Welcome to this BTC DOMINANCE update.

Bitcoin Dominance is trading inside a channel in the weekly time frame. Currently, it is rejecting from the upper trendline of the channel. If we get a rejection from here then we will see a relief rally in Altcoins.

If Bitcoin dominance breaks above this channel and any weekly candle closes above 45.20 level then we will see another crash in Altcoins.

Here is a simple plan you must follow:- You can buy some good altcoins with the tight Stop loss and keep a close eye on Dominance. If we get a weekly close above 45.2 then exit from all Altcoins.

What do you think about this?
Do you think we will see a relief rally in Alts from here or we will another crash in Alts?
Share your views in the comment section.

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Thank You!

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