CryptoPatel

Altcoins One More Blood Bath Coming ( Bitcoin Dominance Chart )

Alış
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
#Bitcoin Dominance Chart Update:-

BTC Dominance currently trading at 44.33%
And this area is Perfect Retest Area.

So Now I am expecting Upward move toward 50% Dominance Level.

So If Bounce and Go toward 50% then Altcoins will be bearish and One More Bloodbath can expect.

So If Dominance Above 43.50% then Not good For Altcoins.

But One more thing I am tracking at this Time.
If Dominance will increase then Bitcoin Price move Down Side.

Mean Currently Dominance = Inverse Proportional to Bitcoin Price.

Red Area = Blood Bath in Altcoins.

Below Red Zone= Good For Altcoins.

Resistance:- 48%/56%/62%
Support:- 43.50%


Keep watch before open any tradez

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.