BTC.D may still have some way to go though.
Up to 70 or even 71% -- more pains for altcoins ahead in the short term?
Waiting for Death Cross indicators to trigger before a minor alt-season can happen.
Waiting for Death Cross indicators to trigger before a minor alt-season can happen.
تعليق:
Updated analysis: Once the cyan blue-line crosses above the 4 hourly candles, good time to start buying Altcoins again.
تعليق:
Failed next-move analysis (i.e. point #1) lol
But still, BTC.D does looks like it wants to go higher a bit more from where it is at now, until 50/15DMA death cross or even 200/50DMA death cross kicks in at the lower time frame to signal possible turnaround for a minor alt-season.
Alternatively, it does look more and more possible that it will just go sideways for awhile now, before continuing higher above 70% when BTC resumes its pump.
See:
For BTC.D charts, in the recent past, the candles going higher than the top blue FSBGB level just below thick grey one, tends to get reject and falls violently lower. See >>
Here's the link to my FSBGB (Fine-Structured Bifrost Guide Bands) Indicator:
For the longer term trend (relying on what most BTC-OG analysts are saying -- basing on trends from past cycle(s)) BTC.D may have more to rise, leaving altcoins behind, until or after BTC reaching its next ATH.
But still, BTC.D does looks like it wants to go higher a bit more from where it is at now, until 50/15DMA death cross or even 200/50DMA death cross kicks in at the lower time frame to signal possible turnaround for a minor alt-season.
Alternatively, it does look more and more possible that it will just go sideways for awhile now, before continuing higher above 70% when BTC resumes its pump.
See:
For BTC.D charts, in the recent past, the candles going higher than the top blue FSBGB level just below thick grey one, tends to get reject and falls violently lower. See >>
Here's the link to my FSBGB (Fine-Structured Bifrost Guide Bands) Indicator:
For the longer term trend (relying on what most BTC-OG analysts are saying -- basing on trends from past cycle(s)) BTC.D may have more to rise, leaving altcoins behind, until or after BTC reaching its next ATH.