Possible Dropping Dominance BTC.D
This fractal on the monthly BTC.D chart has the potential to play out--especially if we close the weekly candle below 39.95%.
If the merge ends up being successful and bringing more money back into the altcoin eco-system--mixed with some positive macroeconomic news--there is a big chance for altcoins to have relative gains against Bitcoin. Dominance targets include 33.7% and 27 %.
No guarantee this plays out, but I find it useful to have plans either way.
What do you think?
Not Financial Advice
If the merge ends up being successful and bringing more money back into the altcoin eco-system--mixed with some positive macroeconomic news--there is a big chance for altcoins to have relative gains against Bitcoin. Dominance targets include 33.7% and 27 %.
No guarantee this plays out, but I find it useful to have plans either way.
What do you think?
Not Financial Advice
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