BTCUSD-BTCDOMINANCE correlation. BTC bottomed out soon?
BTCDominance (%) chart shows double tops in every cycle, bear or bull.
Look at 10 dec. 2018. The second top exactly matches the btc bottom.
Somewhere sooner than we thought, a mini capitulation could take us all by surprise.
One to keep an eye on. Double top pattern is strong in the dominance chart.
ps. if double top is in play then there is a small chance it could mean a btc pump instead of dump. But since we're in bear market chances are low. But not 0.
Look at 10 dec. 2018. The second top exactly matches the btc bottom.
Somewhere sooner than we thought, a mini capitulation could take us all by surprise.
One to keep an eye on. Double top pattern is strong in the dominance chart.
ps. if double top is in play then there is a small chance it could mean a btc pump instead of dump. But since we're in bear market chances are low. But not 0.