BTC.D falling from 4h trendline.
This looks like the alts are stronger than BTC currently is. Fascinating to see that despite current turmoil BTC does not reclaim dominance percentages of previous cycles. While I still believe BTC to be the best and safest store of value, I feel the dominance shows how several Alts are maturing, and people feel more comfortable holding some blue chip alts in the middle of the bear market. As the markets mature I expect this to continue.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.