Bitcoin Dominance targets
Many people now waiting BTC dominance over 60%. I dont think so we will go so high!
BTC.D
We can't compare market cap 2020 and 2024. We got many new projects who absorb liquidity from investors! Yes based on BTC ETF majority inflow money in Bitcoin
51.20% was a previous support for BTC dominance in 2020 now its can be like resistance
Locally we formed triangle with fake out
2 possible scenarios for Btc dominance marked on a chart
Time to out of alts also marked green block everything what is 44-30% btc dominance will be a signal to out of altcoins 100%
https://www.tradingview.com/x/xQ5f30t2/
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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BTC.D We can't compare market cap 2020 and 2024. We got many new projects who absorb liquidity from investors! Yes based on BTC ETF majority inflow money in Bitcoin
51.20% was a previous support for BTC dominance in 2020 now its can be like resistance
Locally we formed triangle with fake out
2 possible scenarios for Btc dominance marked on a chart
Time to out of alts also marked green block everything what is 44-30% btc dominance will be a signal to out of altcoins 100%
https://www.tradingview.com/x/xQ5f30t2/
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
---
• Look at my ideas about interesting altcoins in the related section down below ↓
• For more ideas please hit "Like" and "Follow"!
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✅Youtube- youtube.com/crypto4light
💰Join in tg channel - t.me/crypto4light
🐦Follow on Twitter - twitter.com/vladi4light
📊Max Discounts lnk.bio/discount4light
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