Fasten your seatbelts and make sure you are loaded with altcoins

Hi!

Bitcoin dominance is right now in key level which can possible launch in very short time massive alt season so make sure your bags are loaded ;)
I'm just saying be ready!!!

Load your guns, put the space suite on and sit in the cocpit, because when it launches guys then it will be very fast.
It's better to sweat a bit longer waiting for launch then watching the rocket from down...

Now what I see here.

• On weekly and daily we can see that we are testing:
1. support trend line
2. horizontal key level

• at 4h there is a mega rejection and a typical break out pattern follows, but somehow it got stuck at the horizontal key level

Conclusion:
1. It is very likely due to the big increase in the price of BTC that we will be in alts for a while now and therefore it is good to have alts bought.
We could expect some short term move towards 40000USD.

It is written on the net how Microstrategy bought the BTC package for quite expensive. Last time when they bought it it was around 29500 I think on the wick and then the price went up a lot, BUT…
Microstrategy - M. Saylor starts the hunger of the institution after BTC by declaring and publishing it, but big guys want to buy cheap BTC and get their BTC from people like you and me.
If BTC enters in some huge accumulation now, people will get out of then rebuy more expensive and then we will continue higher with BTC.
If tis is the case then we can expect dominance of BTC falling down and the alts sky rocketing.

2. Less likely to go over ATH soon.

3. Low probability of a long-term dump, because there were such large wick down that the big players had already bought.

SOOOOOOOOO. Time will tell.

If you find this useful then give like to this post and comment. Thanks!

Good luck!
M

This is not any financial advise, always check the market before entering any position.

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