Market Cap BTC Dominance, %Atualizado BTC Dominance Decision: Price Dump or ALTs Pump
BTC.D is at a very elevated 4H RSI and has not been this high since September 2022.
Depending if support/resistance flip occurs here at 41 we could see 2 different scenarios:
1) BTC price still has lower to go and ALTs respectively will feel the pain and BTC dominance rise
2) BTC dominance begins to reject here and descend, allowing ALT prices to establish a bottom and start climbing and BTC dominance falls
Let's see where this goes.
Good Luck
Depending if support/resistance flip occurs here at 41 we could see 2 different scenarios:
1) BTC price still has lower to go and ALTs respectively will feel the pain and BTC dominance rise
2) BTC dominance begins to reject here and descend, allowing ALT prices to establish a bottom and start climbing and BTC dominance falls
Let's see where this goes.
Good Luck
Nota
Verdict: Price dump
Nota
BTC.D important decision. this could be the bottom for ALTs if BTC.D reverses here? of the end of many ALTS if BTC.D advances
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.