BTC Dominance short term up

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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

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.