BTC.D - bearish scenario

٧ أبريل ٢٠٢٠

BTC dominance is respecting daily MAs (50, 100, 200). Every time we broke below the MA50 with force, like yesterday, bearish scenario occured. Alts started to gain pace. Will it be the same? Well, it broke the MA50, touched it again and got rejected. Take a look at the white line above. That is the upper line of a channel BTC.D is respecting. I expect a steep decline in BTC.D. Perhaps not right now but somewhere in the future.

Load up those alt bags of yours and good luck.