BTC dominance reached strong level
BTC DOMINANCE UPDATE
hi guys we can see that BTC dominance finally dropped below 50% first time since 2018 !
As a result we had good alts season in previous days/weeks
We can see in chart how strong is this level (around 49%-50%)
now we wait for a possible movements either a more breakdown and if that happen we can see mega alt season like we have in late 2017 or even more 🚀
Or small bounce up lead to correction in alts before more rise
Important resistance : 53% - 57%
Important Support : 49% - 44% - 40% and below
My expectations is.. we have high Chance to see dominance below 40% in next few weeks 🤑
Lets see and trade only what chart tell not what you want and don't forget we are currently setting in strong support
Good luck 🤞
hi guys we can see that BTC dominance finally dropped below 50% first time since 2018 !
As a result we had good alts season in previous days/weeks
We can see in chart how strong is this level (around 49%-50%)
now we wait for a possible movements either a more breakdown and if that happen we can see mega alt season like we have in late 2017 or even more 🚀
Or small bounce up lead to correction in alts before more rise
Important resistance : 53% - 57%
Important Support : 49% - 44% - 40% and below
My expectations is.. we have high Chance to see dominance below 40% in next few weeks 🤑
Lets see and trade only what chart tell not what you want and don't forget we are currently setting in strong support
Good luck 🤞
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BTC Analysis ..See My Full Idea Here :👇
