BTC DOMINANCE UPDATE
hi guys we can see that BTC dominance finally dropped below 50% first time since 2018 !
As a result we had good alts season in previous days/weeks
We can see in chart how strong is this level (around 49%-50%)
now we wait for a possible movements either a more breakdown and if that happen we can see mega alt season like we have in late 2017 or even more 🚀
Or small bounce up lead to correction in alts before more rise
Important resistance : 53% - 57%
Important Support : 49% - 44% - 40% and below
My expectations is.. we have high Chance to see dominance below 40% in next few weeks 🤑
Lets see and trade only what chart tell not what you want and don't forget we are currently setting in strong support
Good luck 🤞
hi guys we can see that BTC dominance finally dropped below 50% first time since 2018 !
As a result we had good alts season in previous days/weeks
We can see in chart how strong is this level (around 49%-50%)
now we wait for a possible movements either a more breakdown and if that happen we can see mega alt season like we have in late 2017 or even more 🚀
Or small bounce up lead to correction in alts before more rise
Important resistance : 53% - 57%
Important Support : 49% - 44% - 40% and below
My expectations is.. we have high Chance to see dominance below 40% in next few weeks 🤑
Lets see and trade only what chart tell not what you want and don't forget we are currently setting in strong support
Good luck 🤞
Note
BTC Analysis ..See My Full Idea Here :👇
📈Telegram channel: t.me/bitcoin_masters
💎For Premium Signals Group ask me here: t.me/Babenski
💎For Premium Signals Group ask me here: t.me/Babenski
Related publications
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.
📈Telegram channel: t.me/bitcoin_masters
💎For Premium Signals Group ask me here: t.me/Babenski
💎For Premium Signals Group ask me here: t.me/Babenski
Related publications
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.