Bitcoin Dominance - Re-testing bottom of Parallel Channel
Back in July, we broke down out of the channel shown here. After a mini-alt-season, we've returned to re-test the bottom of the channel.
There is a chance here that our re-test fails, and if so, we can expect alts to start moving again soon.
If we re-enter and stay in the channel, this is bad for alts.
There is a chance here that our re-test fails, and if so, we can expect alts to start moving again soon.
If we re-enter and stay in the channel, this is bad for alts.
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.