Market Cap BTC Dominance, %Viés de baixa
BTC Dominance Is Likely to Drop, ALTCOIN Rally May Start
When you look at the BTC Dominance chart, its trying to hold on the support. However, I don't think BTC win this battle. Because altcoins are DEAD for months and if BTC dominance keep rising, it will reach to 80% dominance and it will be the end of BTC rally.
I also don't expect the end of BTC rally before halving because BTC never ended its rally before halving. Therefore, there will be an altcoin rally until BTC dominance reaches to %67-%68 or %64-%65. The time will show us which one will be the true support.
Briefly, I suggest exchanging altcoins according to this chart.
NOTE: IT IS NOT A TRADING ADVICE. DO YOUR TRADING CONSCIOUSLY!
I also don't expect the end of BTC rally before halving because BTC never ended its rally before halving. Therefore, there will be an altcoin rally until BTC dominance reaches to %67-%68 or %64-%65. The time will show us which one will be the true support.
Briefly, I suggest exchanging altcoins according to this chart.
NOTE: IT IS NOT A TRADING ADVICE. DO YOUR TRADING CONSCIOUSLY!
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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.