With all the volatility in the capital markets, Crypto is not immune to such swings. IN this space we have time and again analyzed the charts and have indicated that the best bet in the Crypto is to stay with 
BTC in these turbulent times. Even if BTC is above its previous cycle highs, this cannot be said about many altcoins like 
ETH, 
SOL, 
DOGE, 
LINK etc. A few days ago, on 15th June I wrote about the sloppy participation of 
TOTAL2 in case of an expanding $USM2.
TOTAL2 and 
USM2: Correlation never broken. What now? for CRYPTOCAP:TOTAL2 by RabishankarBiswal — TradingView
Even if theUSM2 is at an ATH TOTAL2 is still below its previous cycle highs. We asked the question what will BTC do if USM2 expands by 1-2T $. Even during the war and turbulent times BTC chart looks bullish as ever. It is still above its previous cycle highs; it is holding on to the psychological level of 100K $.
Now comes I think the most important chart in the crypto space is $BTC.D. The Dominance is currently above 65.5 %. Exactly here on 14th April we forecasted thatBTC.D will go to 66%.
BTC.D to 66%, TOTAL2 / BTC down to 0.43 for CRYPTOCAP:BTC.D by RabishankarBiswal — TradingView
And again on May 20 I said the recent weakness inBTC.D is temporary and it will eventually reach 66%.
BTC.D : Have we seen the top or a local top in the BTC.D ? for CRYPTOCAP:BTC.D by RabishankarBiswal — TradingView
So where do we stand today. We are closer to 66% than to making a new local low. At 65.7% the path of least resistance is towards upside. And the USD valuation ofBTC faces some resistance to breaking out of the upward sloping parallel channel which we have been following for the last few months. Currently the resistance level is 107K $ and we got rejected there.
Verdict :BTC.D goes to 66%. BTC consolidates here and 160K as Cycle top target.
BTC in these turbulent times. Even if BTC is above its previous cycle highs, this cannot be said about many altcoins like ETH, SOL, DOGE, LINK etc. A few days ago, on 15th June I wrote about the sloppy participation of TOTAL2 in case of an expanding $USM2.TOTAL2 and USM2: Correlation never broken. What now? for CRYPTOCAP:TOTAL2 by RabishankarBiswal — TradingViewEven if the
USM2 is at an ATH TOTAL2 is still below its previous cycle highs. We asked the question what will BTC do if USM2 expands by 1-2T $. Even during the war and turbulent times BTC chart looks bullish as ever. It is still above its previous cycle highs; it is holding on to the psychological level of 100K $.Now comes I think the most important chart in the crypto space is $BTC.D. The Dominance is currently above 65.5 %. Exactly here on 14th April we forecasted that
BTC.D will go to 66%.BTC.D to 66%, TOTAL2 / BTC down to 0.43 for CRYPTOCAP:BTC.D by RabishankarBiswal — TradingViewAnd again on May 20 I said the recent weakness in
BTC.D is temporary and it will eventually reach 66%.BTC.D : Have we seen the top or a local top in the BTC.D ? for CRYPTOCAP:BTC.D by RabishankarBiswal — TradingViewSo where do we stand today. We are closer to 66% than to making a new local low. At 65.7% the path of least resistance is towards upside. And the USD valuation of
BTC faces some resistance to breaking out of the upward sloping parallel channel which we have been following for the last few months. Currently the resistance level is 107K $ and we got rejected there.Verdict :
BTC.D goes to 66%. BTC consolidates here and 160K as Cycle top target. 
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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.