BTC Dominance to have a proper go
If we can get a break of the 48.5ish mark on dominance, there will be some tasty alt pickups in the next few months on any BTC retrace. Only question is does it happen on a BTC Surge or a Dump?
i predict BTC will surge up with another violent move (maybe 30k+) and force the break of the dominance line around mid 48%...then will retrace back to 20k or lower and alts will be death.
This will be the last hoorah of the BEAR MARKET RALLY.
Pump or dump of BTC doesn't matter much to me, I'm after some juicy pickups for alts setting new lows on their BTC pairs ONLY ONCE bitty retraces to the 20k level.
Being patient in the BEAR MARKET is the key. Those going all in on Alts have done so prematurely in my opinion.
i predict BTC will surge up with another violent move (maybe 30k+) and force the break of the dominance line around mid 48%...then will retrace back to 20k or lower and alts will be death.
This will be the last hoorah of the BEAR MARKET RALLY.
Pump or dump of BTC doesn't matter much to me, I'm after some juicy pickups for alts setting new lows on their BTC pairs ONLY ONCE bitty retraces to the 20k level.
Being patient in the BEAR MARKET is the key. Those going all in on Alts have done so prematurely in my opinion.
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