BTC.d Alts might be in trouble
Updated
BTC.D has formed a strong bullish divergence at range support with a triple bottom. This might lead to a bounce for BTC.d which spells trouble for Alts. Usually when BTC.d goes up, market is sliding as a whole with alts dropping faster than BTC.
We can see a similar analysis with 100-BTC.d which represents the dominance of the market excluding BTC.
We can see a similar analysis with 100-BTC.d which represents the dominance of the market excluding BTC.
Note
went up better than I expected Note
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