BTC dominance trend reversal
ALTs started rally thanks to the BTC drop, but don't get too excited, BTC is just resting and consolidating around 33k.
in few days BTC will go to retest 40k and maybe break it up towards 50k area - the psychological resistance level of BTC.
We expect another few days of ALTs to thrive and then BTC will start to move up.
Be careful on your profits, make sure to go back to BTC or ETH before.
in few days BTC will go to retest 40k and maybe break it up towards 50k area - the psychological resistance level of BTC.
We expect another few days of ALTs to thrive and then BTC will start to move up.
Be careful on your profits, make sure to go back to BTC or ETH before.
Note
BTC strated moving towards 40k as mentioned, follow the rules. play the game.
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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.
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.