This chart shows that Bitcoin is about to rise stronger vs the rest.
This can mean 2 things:
a. Bitcoin rises faster than the rest (Ethereum drop?) b. Bitcoin drops a bit but everything else crashes (drops a lot more to be correct)
So, beware of a correction in Altcoins (look at my Ethereum ideas) and if you hedge Buy Bitcoin and sell a basket, since BTC dominance level is right on support (thus should rise)
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.