BTC Dominance - what to do with altcoins 😱
Bitcoin is going down. At the same time, bitcoin dominance is going upwards. This is bad for altcoins. It is very likely that BTC will continue to decline and could collect stop losses below the local low of $42,850. At the same time, altcoins will fall several times harder.
Before that, bitcoin domination has broken and tested the trend line as support. BTC.D has now broken the important level of 41. The dominance could go further in the marked scenario.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Before that, bitcoin domination has broken and tested the trend line as support. BTC.D has now broken the important level of 41. The dominance could go further in the marked scenario.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
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