Bitcoin Dominance Downtrend, Big Altseason Coming

922
Bitcoin dominance is in a downtrend in the weekly chart. We have not seen such a downtrend after the epic bull run of 2017. The next 2 weeks are the deciding weeks and we see a good rise in altcoins. Bitcoin is also trading in a range of $18,000-$19500 from the past few days. That will give some air to alts to rise. Bitcoin dominance should break the 60% level after that we see a huge rally in alts. Hold your alts tightly, A big wave is coming.

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.