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BTC – another positive fundamental news
Market Cap BTC Dominance, %
BTC – another positive fundamental news
By WBM_Team
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Apr 8, 2019
1
7
Cheer
Cheer
5
5
Apr 8, 2019
Hi Guys!
Do you know what falling dominance of BTC means?
Yes, you are right. The
more bullish
the market is the
smaller dominance
of BTC is.
It happens when the market is
positive about the future
and people invest in other projects than BTC.
It means they are not afraid anymore and
put their money somewhere else than the safest crypto so far BTC
.
As you can see on the chart we observed
descending triangle on the BTC dominance
.
This pattern is a clear
trend reversal pattern
.
We are on the verge about to cross down 53%.
We also showed you
3 possible scenarios
of the future chart.
The sharper we fall the stronger growth on crypto will be.
Are you happy about such a scenario?
Let us know.
Please comment
down below.
Thank you
for reading and your time.
MASSIVE Hugs!
Bitcoin (Cryptocurrency)
BTC
btcdominance
Cryptocurrency
Trend Analysis
wbmteam
WBM_Team
Follow
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