Bitcoin Dominance Bottom - Altcoin Winter ApproachesData from our Crypto SmartWatch Portfolio Balancing Spreadsheet, The Altcoin Opportunity Index is in the low red zone, suggesting Altcoin Winter is near.
In today's update we saw the following
- a bearish shift as we see
- 5 coins hit the 4 hour EMA Exit to drop to 1/2 position size
- 3 coins hit the 12 hour EMA full exit signal
The Alt Entry Index will rise as we go into a bear market for alts, but the Entry Index alone is not enough, we will need the Opportunity Index high at the same time for a really bullish setup.
VIEW the January 17 2022 Altcoin Opportunities Panel
Throughout the past months, I've been watching for BTC.D to bottom and rise along with Bitcoin finding a bottom and rising.
I recently posted details in a video on YouTube
'Altcoin Winter Alert'
www.youtube.com
Please leave a comment. Let me know if you think BTC.D will be rising for the next while. If you do, let me know with yes I do. And give examples of what made you come to that conclusion.
And
if you don't think Dominance will rise, let me know that you don't.
And in my next videos I'm going to break down some of the indicators we use and what they are saying about the next moves in Dominance.
So if we all share as a group, we'll then get better ideas for making the most of the next moves in crypto.
