More on Dominance

2021年5月10日

Often Dominance bottoms create pullbacks across the spectrum. I've highlighted some examples here.

2021年5月12日

ノート

People are talking about "the flippening" on Crypto Twitter after Elon's 180 on bitcoin mining. Elon doesn't give a sh*t about crypto peeps. These guys talk down the markets they want to BUY. The only flippening will be an altcoin massacre.

2021年5月13日

ノート

BANG. Alts battered. We f'n NAILED this. Dust needs to settle I wouldn't expect a bottom tonight

2021年5月16日

ノート

I'm liking a bottom SOON here imho. BTC around 42-43 looks like a nice R/R for a long.

ETH has put in a measured move to 3350~, but ETH doesn't look great on the RSI so I am staying away from that for now. BTC is a safer bid here in my opinion

2021年5月17日

ノート

BTC low achieved - spot on. Whether we need one last squiggle down to 41,700 i don't know. But looks like BOTTOM IN imho. Dominance still hasn't really moved up significantly (although low cap alts got slaughtered). Open to being wrong on dominance - it would be better for the market! We'll see. #BTFD

2021年5月19日

ノート

BTC obviously went WAY lower than I expected. Dominance curling up so I will be monitoring this over the coming days. I bought heavy in BTC from 38-42 and am holding.