BTC Dominance short term up
We are seeing btc.D in a descending wedge pattern. Short term we see bullish RSI divergence and I believe we have more upside short-term
When we reach top of the wedge I believe we will then go down and likely break through the bottom support
BTC.D may help navigate what asset (bitcoin or alts) are better to hold. I do think short-term this uptrend will coincide with a Bitcoin drop to ~ 30-34 k.
As such, ALTs will bleed in the short term.
In long term if the triple bottom is broken to the downside that may signal a large rally for alt coins
for education purposes only. Appreciate discussion
When we reach top of the wedge I believe we will then go down and likely break through the bottom support
BTC.D may help navigate what asset (bitcoin or alts) are better to hold. I do think short-term this uptrend will coincide with a Bitcoin drop to ~ 30-34 k.
As such, ALTs will bleed in the short term.
In long term if the triple bottom is broken to the downside that may signal a large rally for alt coins
for education purposes only. Appreciate discussion
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