For the altcoin season we have short term 67.50 barrier and later on the main trendline 63.xx level standing. On the weekly chart its clearly showing. According to the current way we are slowly dropping and altcoin season is becoming closer.
Note
68 level well reacted... Still holding the ground but nobody knows how long it can. Normally dominance is rising with when btc rising but during last days oppositelly standing or rising with btc drop. So need to follow 68. If it break below clearly on daily charts it can open the way for altcoinsNote
68 is too strong and dropping btc is helping dominance. Halving issue will be on the table soon and waiting for weakness at dominance
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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.