BTC Outperforms Alts: Will it Continue?

BTCUSD outperforming most alts July 2018, alts cant break above daily 50MA.

Important to watch the price over the next 5-10 days as the daily 200 & 350 MAs (approx. the weekly 30 & 50 MAs) approach an inevitable crossing.

BTC survives cross: tests 10k & 11.7k recent highs
BTC falls on cross: test the upwards angled trendline (orange) and then 50MA

ETH & alts: could up with btc when the prices can break above the daily 50MA and the 0.236 fib.
Sideways movement in the current range before testing lower trendline also very possible.
A major downmove on BTC could drive ETH to test the 0.0 gib level.

Market is filled with indecision. Rushing in anywhere can be risky.

Comentarios:

This post is continuing to be correct. BTC dominance at time of posting was 46.92%, it is now 52.07%
I expect dominance to increase as the total market declines further.
coinmarketcap.com/charts/
July 27 - Aug 17