JamesRennie

Five weeks still can't break it

Alış
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Looking at this chart I see 5 weeks BTC.D won't break below 60 on the weekly. Looking at RSI it indicates a bottom. MACD is showing week after week weakening of this the pressure on the 60% support. Will this correction come with stock market correlation where bitcoin becomes crypto safe heaven and people get out of alts. Or is it the start of a Bitcoin rally like in 2019 where most alts got left behind as Bitcoin rallied. I expect that this Bitcoin dominace rally will end before end of 2020 giving alts another chance to rally.

Benzer Fikirler

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.