Market Cap BTC Dominance, %
Long
Updated

BTC.D short till end-Aug, then long in Sep

515
* BTC.D has been in a descending parallel channel since breakout in early-Aug
* Sep has historically been a lull month for BTC, and I expect BTC.D to increase in Sep.
* Alts to continue growing exponentially and relatively so against BTC in 2H-Sep.
Note
Much depends on DXY. I suspect that the current double bottom will be driving BTC and BTC.D action till mid-Sep. And, as preparations start for the new financial quarter, DXY drops causing BTC to pump and BTC.D to dump.

DXY interesting two weeks to come
Note
BTC.D's price action has not gone exactly as suggested, but it has indeed dropped from 22 Aug till today (31 Aug). Let's see if it will indeed go up in Sep.

BTCUSDT Retesting 20W SMA
Note
BTC.D has indeed increased in Sep. Let's wait it to dump in 2H-Sep.

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