Btc dominance drop cenario
Updated
As mentioned before, Btc might print a double bottom.
Check previous TA.
Coinmarketcap shows 49.9% btc dominance at the moment.
Its happening really fast!
Faster than what i draw before in those pink lines.
Will BTC hold the ground at 50% dominance, or continue droping?
A 50% drop from last top will create a double bottom at 37% btc dominance.
If we continue droping. I guess we can say that the alt season actually started in early January this year.
Anyhow, still bullish on BTC .
Bull run is still intact imo.
Check previous TA.
Coinmarketcap shows 49.9% btc dominance at the moment.
Its happening really fast!
Faster than what i draw before in those pink lines.
Will BTC hold the ground at 50% dominance, or continue droping?
A 50% drop from last top will create a double bottom at 37% btc dominance.
If we continue droping. I guess we can say that the alt season actually started in early January this year.
Anyhow, still bullish on BTC .
Bull run is still intact imo.
Trade active
And it keeps falling. 48,5% today at coinmarketcap.com
Trade active
39% hit today.Note
I sold most of my alts a bit before 40%. Things got just too wierd and messy to me.
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