BTC – dominance - peak from 2018 as small as from 2014 Lång

Bitcoin / DollarBitfinex

Beskrivning

⋅ 24 maj 2019 13:06

Hi Guys!

This time let’s take a look at the dominance of BTC.

This is much saturated. Look at RSI. We know the alt season is coming.

BTC has broken previous resistances and its peaks are higher (price in USD).

This is definitely bullish.

When will alts explode?

This hasn’t happened yet.

We know it will come. Most likely in June. Yes, this June.

Most of the altcoins are much undervalued (ETH, XRP, ONT, ETC, XMR, NEO, XLM).

In fact, 90% of them are really cheap right now.

The current dominance level of BTC is relatively high = 60%.

You see this level most likely for the last time within the next 2 upcoming months.

First, we have to touch 50% and then cross it down.

At the end of the global crypto rally, we can even see the levels such as 30%.

What is more once again our magnificent WBM BUY/SELL Indicator showed a perfect moment to buy BTC. This is on 1M interval.

When we look at the previous height in 2014 it looks so small… like a small puppy. :)

The peak in 2018 is 20 X higher.

This time will be no different.

We aim BTC to be around $400 000 – 20 times higher as it was in 2018.

Thank you for reading.

Have a wonderful weekend.

Hit a like to support.

Who supports such a prediction? BTC = $400 000 :)

Please write in the comment.

Massive Hugs.
WBM Team

Kommentera

⋅ 24 maj 2019 13:07

Kommentarer

TradingShot

⋅ 25 maj 2019 07:34

I am also strongly bullish on BTC. It is just this pattern that has me worried and makes me reserve some capital for lower buy.

WBM_Team

⋅ 25 maj 2019 11:20

@TradingShot, Don't worry we will get there. Thanks for sharing.

Cryptonite_trader

⋅ 6 jul 2019 00:22

Nice analysis, this is what im seeing in dominance

MCuong2332

⋅ 25 maj 2019 11:56

tks for sharing
this is my chart

zmassey

⋅ 25 maj 2019 07:19

there will not be another bull run in btc until 2023-2025

WBM_Team

⋅ 25 maj 2019 11:20

@zmassey, how is that? Can you please explain?

zmassey

⋅ 25 maj 2019 21:44

@WBM_Team, I ran a fibonacci time sequence based on the 2014-2017 bull run and the 0.3-0.5 fib extension landed around 2022-2023. IMO the price needs to balance out and then incrementally rise prior to those dates.

Mer