TradingView
CoqueTrader
9 dec 2021 05:28

Bitcoin Dominance getting weaker. Alts season coming? Lång

Market Cap BTC Dominance, %CRYPTOCAP

Beskrivning

As a continuation to my last post, I expected a downtrend continuation of bitcoin dominance looking for 36% and 30% levels. At the moment it's about at 40% floor and aiming to break it. Looking at the green fibonacci circle critical level, it has been already broken and also moving averages are starting to break.

Currently we can see already stronger uptrends such as ETH and some other altcoins, which is traduced in money flowing out of bitcoin and going into alts. Could this trigger a strong uptrend for altcoins in the following weeks?


***Please Like and follow me for more ideas!!!***

^Coquetrader^

Kommentarer
silverblade2487
said the same thing a week ago to another guy and he gave me 3 paragraphs of bs to basically say he didnt know ..
ViniciusBaccelli
So it should be a short my friend. But I agree with you👍
CoqueTrader
@ViniciusBaccelli wasn't sure but you're right, it's a short. Thanks for the like
Mer