Bitcoin Dominance Update:
Bitcoin dominance is rejecting from the resistance level again. If BTC dominance breaks the resistance level of 48.3% we see more dump in alts and dominance will go towards 50% levels. The support is near the 45% area and if BTC stable for a week we will see some relief rally in alts.
Don't open many alt long positions as the dominance can go either side. Manage your risk and must have some USDT and BTC in your portfolio. Don't go all-in into alts.
Bitcoin dominance is rejecting from the resistance level again. If BTC dominance breaks the resistance level of 48.3% we see more dump in alts and dominance will go towards 50% levels. The support is near the 45% area and if BTC stable for a week we will see some relief rally in alts.
Don't open many alt long positions as the dominance can go either side. Manage your risk and must have some USDT and BTC in your portfolio. Don't go all-in into alts.