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Market Cap BTC Dominance, %
Long

BTC Dominance (TA). BTC to go up soon again.

By ssari
Updated
Observation:


  • BTC dominance has almost hit the 0.5 retracement fib level around the 68% mark.
    The ALT dominance chart has not made much gain in the same move.
    Stockatic RSI indicating over sold region, etc.
  • Thoughts:
    Factoring a random no. of ALTs and how they have reached key resistance levels coupled with BTC dropping to the buying zone\s, I would bet that BTC is about to go up soon and the ALTs to drop further.


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ALTaltcoinaltseasonBitcoin (Cryptocurrency)BTCbtcforecastChart PatternsdominanceTechnical IndicatorsTrend Analysis
ssari
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