Hi,
This is as good as anyone's guess, based on observation of key levels on this Bitcoin Log Growth Curve.
Each fib level resonates support or resistance.
19800'ish is the resistance and pullback.
NOTE: BTC.Dominance just hit a key fib level.
We should see BTC slow down here and the ALTs theoretically come into play.
This is obviously all hypothesis with BTC dom. fib levels with support and resistance.
PREVIOUS POST on this top >

Cheers,
S.SAri
BTCDominance chart

Bigger picture

This is as good as anyone's guess, based on observation of key levels on this Bitcoin Log Growth Curve.
Each fib level resonates support or resistance.
19800'ish is the resistance and pullback.
NOTE: BTC.Dominance just hit a key fib level.
We should see BTC slow down here and the ALTs theoretically come into play.
This is obviously all hypothesis with BTC dom. fib levels with support and resistance.
PREVIOUS POST on this top >

Cheers,
S.SAri
BTCDominance chart
Bigger picture
Note
hits gone down a fair bit, making previous support resistance on the short time frames...its going to struggle getting back up, especially passing 18840if you look at the daily chart, we have 2 red candles in the making.
How this closes in the next 21 hours will tell us if its a reversal.
From looking at this chart, it looks like a topping
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Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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.