BTC dominance did a first big down move , followed by a correction upward.
This correction cames in bearich ascending triangle.
Today , this triangle has been broken.
I expect the dominance to break the 61.9%.
The same pattern is spotted on
As well as the liquidity doen't go back to bank accounts, the altcoins may benefit from this liquidity shift. The final bullish wave on altcoins will continue.
Happy profit taking !
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.