BTC dominance (Y20.P3.E19).More to the downside

9 ก.ค. 2020

Hi All,

As we have seen lately with the ALTs making moves, one should also be ready for opportunities when BTC has its turn.
Looking in the long term, I see BTC dominance dropping however I don't envision it going in the straight line.
So be cautious as to when you flip from Alts to BTC to Alts.
At this point, I'm looking for a few daily candles to hold up BTC before a small bounce but its not there yet.

Note: 73% dominance was the top.



Cheers,
S.Sari

12 ก.ค. 2020

บันทึกช่วยจำ

Bullish Div. coming to play in the 4 HRLY.
Soon another bounce with the dominance. Question is, is it to a BTC price drop or price rise? I'm bullish, price rise?

13 ก.ค. 2020

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13 ก.ค. 2020

บันทึกช่วยจำ

Explains why the Alts are droppign

16 ก.ค. 2020

บันทึกช่วยจำ

I was looking at BTC dominance today and thought there will be a bounce ...but slowly. Not to be so. I think it hit the mark and now it will settle down for another ALT rally

16 ก.ค. 2020

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20 ก.ค. 2020

บันทึกช่วยจำ

Target reached and now a bullish divergence taking place, hence explains why many of the alts are dropping. In some cases, the ALTS have reached their target.