Bitcoin Dominance is Set To Explode, Leaving Others in The Dust!

١٨ ديسمبر ٢٠٢٠

I'm an XRP fan all day, but this BTC dominance chart shows that Bitcoin is setting up to explode to new levels of dominance, leaving all others in the dust! Here on the weekly BTC dominance chart, we can see that BTC dominance has printed a series of inverted head and shoulders patterns. Additionally, they're combining to form a massive cup and handle. This is clearly extremely bullish for BTC dominance. The blue horizontal trendline is the level to watch. If BTC.D can break above that (which I think it will) Bitcoin will gain massively in market capitalization, separating it even further from aspiring alt coins. Satoshi is the Godfather, and there is only one King, as we can clearly see on this chart. While I do think alts will flourish, a true "alt season" appears to be on ice.

I'm The Master of The Charts, The Professor, The Legend, The King, and I go by the name of Magic! Au revoir.

***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***

-JD-