More on Dominance

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Often Dominance bottoms create pullbacks across the spectrum. I've highlighted some examples here.

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People are talking about "the flippening" on Crypto Twitter after Elon's 180 on bitcoin mining. Elon doesn't give a sh*t about crypto peeps. These guys talk down the markets they want to BUY. The only flippening will be an altcoin massacre.

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BANG. Alts battered. We f'n NAILED this. Dust needs to settle I wouldn't expect a bottom tonight

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I'm liking a bottom SOON here imho. BTC around 42-43 looks like a nice R/R for a long.

ETH has put in a measured move to 3350~, but ETH doesn't look great on the RSI so I am staying away from that for now. BTC is a safer bid here in my opinion

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BTC low achieved - spot on. Whether we need one last squiggle down to 41,700 i don't know. But looks like BOTTOM IN imho. Dominance still hasn't really moved up significantly (although low cap alts got slaughtered). Open to being wrong on dominance - it would be better for the market! We'll see. #BTFD

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BTC obviously went WAY lower than I expected. Dominance curling up so I will be monitoring this over the coming days. I bought heavy in BTC from 38-42 and am holding.