The Beginning of The End
BTC has absolutely hammered ALTS with its steady growth so far. Many of us expected an alt season a long time ago, but BTC has proven most of us wrong. With that being said, if there is an Alt season, then I think it’s going to take BTC.D down very hard. I knowledge the power of BTC, but I still think an Alt season can send Bitcoin’s dominance down to 30-33%. my BTC.D target doesn’t show on this chart. The main purpose of this chart is to show off the endurance of btc and its credibility in the eyes of the mass adoption holders. I still think we can see the top of this channel before an actual alt season occurs. To those investors who have held onto their BTC until now and didn’t give into the temptation to buy and hold alts before the alt season starts, I say congratulations and very well done. I held onto alts from the beginning of the btc bull market and I think I’ve learnt a lot from that mistake.
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