BTC Domi - should consolidate
Updated
Ok, 4 options (too many, too many):
1. BTC consolidates at this 19k level but money flows in alt-coins, decreasing BTC Domi
2. BTC drops from here but money flows into altcoins, decreasing BTC Domi
3. BTC continues going up to around above previous ATH, dragging all altcoins down, killing all previous supports, increasing BTC domi - next moves from there unknown
4. BTC drops from here but money doesn't flow into altcoins, increasing BTC Domi further
If it were 2017, the most wanted would be between 1-2 options for most $ gain.
There is a very evident divergences formed on the daily chart, I think we do down to consolidate, bringing money into altcoins with holiday season upon us so leaning towards option 2.
1. BTC consolidates at this 19k level but money flows in alt-coins, decreasing BTC Domi
2. BTC drops from here but money flows into altcoins, decreasing BTC Domi
3. BTC continues going up to around above previous ATH, dragging all altcoins down, killing all previous supports, increasing BTC domi - next moves from there unknown
4. BTC drops from here but money doesn't flow into altcoins, increasing BTC Domi further
If it were 2017, the most wanted would be between 1-2 options for most $ gain.
There is a very evident divergences formed on the daily chart, I think we do down to consolidate, bringing money into altcoins with holiday season upon us so leaning towards option 2.
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