ssari

BTC DOMINANCE,BTC price history,ETH\BTC history comparison

CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Hi All,

Looking at the weekly chart, it is evident that BTC dominance is heading south.
With the speculating of how BTC price action will be in the coming months to next year, it makes sense to review the BTC strategy.

Prior to this, I posted what I see ETH doing as I have both ETH and BTC as my major holdings.
Since my strategy is about accumulation of BTC + other coins (mainly what ever is hot at the time) I need to know when to flip.

Looking at the chart, one can conclude:
a) BTC dominance is dropping
b) BTC dominance drops significantly at the rise of the BTC parabolic advance > meaning many of the ALTs have better % gains than BTC, just like now.
c) ETH can buy more BTC prior to the major parabolic advance. Just like now.
b) ETH can buy more BTC after the parabolic event
e) At times when BTC dominance is at KEY FIB levels, or on the rise, flip ALTs to bTC.

Please don't forget to give me a tick\like, as I would appreciate it.

Regards,
S.Sari
(for my reference > Mastor.Macro.charts)

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