BTCDOM SHORT

Broken Key Support and slow bleed will morph into an all out dominance dump which means a good day for ALTBTC pairs. Im sticking by that call after almost a month of flat price action.
God Speed,
Mr. Manbearpig

Commentaire:

Video Update:

youtu.be/enxxCdhzDuE

Commentaire:

The longer the BTCUSD pair takes to rebound the less likely that rebound will be. I am starting to lose hope in a bullish situation for BTCUSD however the BCTDOM did finish last week on a weak note and may need a bounce at the beginning of the week in order to end the week on a low note, however this is not necessary as the dominance chart could just continue to break down all week.

Commentaire:

Looks like we had that beginning of the day bounce to start the day strong so we can bleed out the rest of the day and end weak below the bottle green support and have continuation. I am however getting some trade ideas on how BTCUSD and BTCDOM are moving together. I will elaborate later today.