CoinsightGhost

Bitcoin Dominance/ When Alt Season?

CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
I know everyone is so itchy and calling for alt season, but it simply will not come until this bitcoin dominance chart reverses trend. The shaded area is the key level. Once this breaks down and below that we could see alts turn, but as of now, it is holding as support and bouncing meaning, death the most alts. This means money is flowing out of alts, and into bitcoin and this will act as the gas to propel BTC to 9000 and likely 9800-10,000 imo. Alts are risky until bitcoin is done running, watch this chart it is your key indicator, not crypto twitter... Long BTC, not alts.
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.