Rising wedge $BTC dominance. - Mini ALTSEASON upcoming?
Rising wedge BTC dominance. - Mini ALTSEASON upcoming?
Right now BTC dominance is breaking the 68% region. If the breakout continues i think we can see some jumps in the Alt list.
Maybe for a short time. But we all know like ripple can do a lot in a short time. Maybe 50-100%.
BTC.D needs to hold the lower white line to continue BTC bullrun. If it breaks i think BTC will fallback to maybe 6k or 5.8k and we will see a MINI altseason.
I think that scenario is very unlikely because the white line is really respected so i expect a massive buy volume at that point.
Lets see what happend the next days. Below 68.00 is a small alt breakout but no panic.
Goodluck.
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Right now BTC dominance is breaking the 68% region. If the breakout continues i think we can see some jumps in the Alt list.
Maybe for a short time. But we all know like ripple can do a lot in a short time. Maybe 50-100%.
BTC.D needs to hold the lower white line to continue BTC bullrun. If it breaks i think BTC will fallback to maybe 6k or 5.8k and we will see a MINI altseason.
I think that scenario is very unlikely because the white line is really respected so i expect a massive buy volume at that point.
Lets see what happend the next days. Below 68.00 is a small alt breakout but no panic.
Goodluck.
Like , share and follow me.
Leave your idea.
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