dokterfuse

bitcoin dominance

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CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
As you can see btc dominance broke out of its previous channel, and now its forming a bearish movement. Which is a very good sign for alt coins. I think bitcoin dominance is ready to dump more tomorrow which will lead for a nice run up for most of the alt coins. Sadly I don't think bitcoin dominance can't dump much further then this support area. Because this is a big support area and its already at the very lows; I think we will get a bull cycle for bitcoin dominance. This will lead to an red alts season.

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