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Bitcoin Dominance (BTC.D) To Continue Much Lower... vs Altcoins
Market Cap BTC Dominance, %
Short
Bitcoin Dominance (BTC.D) To Continue Much Lower... vs Altcoins
By AlanSantana
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Jan 16, 2021
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Jan 16, 2021
Remember my last BTC.D chart?
Bearish momentum is now building up.
Right now BTC.D is breaking below EMA50, a very important support level.
The RSI went below support as well and below 50.
The MACD is trending lower and almost entering the bearish zone.
The bear volume is starting to grow... Bitcoin dominance can continue to go lower... and lower it goes.
When BTC.D drops, the Altcoins grow.
It is the Altcoins turn.
Namaste.
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AlanSantana
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