Bitcoinseason
Crypto profit taking zones in relation to the USDT chartKeeping it simple because emotion is a money killer.
Simplicity is the hardest math.
Don't get caught with your pants down again!
BTC Dominance V Shape RecoveryThis is BTC Dominance, as you can see in the chart BTC.D has broken this white bearish trend line and it's making a v shape recovery.
Now BTC's Dominance is about to Pullback and if it confirms we can be sure that a new bitcoin season is just started.
If Dominance go through 44.20% and then broke 44.80% Resistance we're good to go...
I hope this idea was helpful to you...
altseason vs bitcoinseason43400 extremely close.
Then probably a dangerous situation will begin with a game up to 20k. Nobody wants to buy bitcoin at 40-50 if forecasts are high at 100. It's just x2. Big players are not very interested in this(for purchases without leverage).
Conclusion - we either go to altcoins (altseason), or drop the price for a comfortable entry (bitcoin season)
We see that we are at a critical level. Expected to be on cusp of next upside momentum, BUT you can see that trusts are on sale and for a reason. As well as news that #grayscale want to add coins that have already greatly increased in value.
Companies are required to make a SELL in order to take profits. This means that if you bought bitcoin for $3k, and it costs $ 50k, the profit will be fixed only from the sale. (Hello to all hodlers)
Now main job of a good trader is patience training. It is better to buy at a slightly higher price during growth than to buy at a slightly higher price during fall.
Good luck!
