Altcoin Market Cap - Looking at the Altcoin Mcap, this to me suggests we see a nice alt run soon. Which, when looking at the Bitcoin dominance chart, would coincide with a rejection from the Bitcoin Dominance yearly pivot in the chart posted below. A break of this potential symmetrical triangle pattern could push the alt market towards the R3 pivot at $176Billion or as far as the range high at $250Billion, which would be a 20% - 60% increase in the altcoin market cap.
The fact that the altcoin market has been holding the 21 Weekly EMA, just like the traditional Bitcoin price has done, tells me we see a strong push up soon IMO.

The fact that the altcoin market has been holding the 21 Weekly EMA, just like the traditional Bitcoin price has done, tells me we see a strong push up soon IMO.
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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.