I think current crypto market is ranging range. However looking at above chart (Market Cap), it says we tested very IMPORTANT support line.
Comparing market cap VS BTC price, and look at BTC Dominance! BTC Dominance is very high (ATH). So maybe this could be the signal of alt season if BTC does not bounce up in coming days!
So here's 2 Scenario.
#1. Setup LONG position from small size at current level.
#2. Wait for deeper pullback around 9700-10600.
#Special. Buy some good alts.
Trade with your own risk!
Don't forget clicking like button.
Comparing market cap VS BTC price, and look at BTC Dominance! BTC Dominance is very high (ATH). So maybe this could be the signal of alt season if BTC does not bounce up in coming days!
So here's 2 Scenario.
#1. Setup LONG position from small size at current level.
#2. Wait for deeper pullback around 9700-10600.
#Special. Buy some good alts.
Trade with your own risk!
Don't forget clicking like button.
Note
So the news crashed BTC price 12%, once wind passed away, we go to the moon. Just emotional market. LOLIs this serious news?
cnbc.com/2019/07/11/bitcoin-price-down-after-fed-chair-powells-facebook-libra-comments.html?__source=twitter|main
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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.