Dangermousebanana

BTC dominance - the reason behind Altcoin outperformance !

CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
I drew this chart 1st of May 2022 and suggested that it was signaling an Altcoinseason.

After the dominance had broken out of the bearish triangle to the upside I thought I WAS WRONG.

However, after a strong reversal the Bitcoin Dominance has fallen back inside the triangle today and is FALLING LIKE A STONE !!!

Will be really interesting to see how this further develops ....

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