BTC Dominance, what could be next?
Updated
Touched that 48% level that was predicted, in order to retest previous resistance.
Personally hoping for a double top and BTC D consolidating between 54 48 levels until bullrun arrives. But I also see 54% and even 57% as a possible final level (black swan).
Alt bags are ready for bullrun. Could definitely wait more for lower levels but many alts are at an insane discount already, its too risky not to be buying.
Personally hoping for a double top and BTC D consolidating between 54 48 levels until bullrun arrives. But I also see 54% and even 57% as a possible final level (black swan).
Alt bags are ready for bullrun. Could definitely wait more for lower levels but many alts are at an insane discount already, its too risky not to be buying.
Comment
The only way i would see a 60% even 70% BTC Dominance is if the BITCOIN ETFs are approved and the whole world rushes to buy BITCOIN. This will be the perfect scenario, alts will bleed tremendously and be at perfect scooping points at which point it is inevitable that money will start flowing back into Alts.
Comment
BTC ETF Approved, stage one is here, more ETFs will likely come now.Not a time to fomo upon the NEWS release, be careful.
BTC D hit major resistance could rebound here, but most likely continues up along with possibly more ETF approvals along the way as we approach the April 2024 halvening
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