Hey as you remember I did shared btc dominance chart and I just signal about to alt rally is coming soon.
here is the my analysis about to dominance
Right now btc dominance give us very bullish signal ! so what we expect right now. But I see Correlation is distorted on bitcoin for a long time.
If the dominance is in an upward trend, we can say that the rally is over on both bitcoin and altcoin sides, hopefully this will not happen. but we have to take this into consideration.
here is the my analysis about to dominance
Right now btc dominance give us very bullish signal ! so what we expect right now. But I see Correlation is distorted on bitcoin for a long time.
If the dominance is in an upward trend, we can say that the rally is over on both bitcoin and altcoin sides, hopefully this will not happen. but we have to take this into consideration.
Note
I WARNED I WARNED WHERE BTC IS 59K AREA ! IS THIS PROOF WELCOME TO CRYPTO BUDDY.
Dominance move -finally move ! rally is over !
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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.