๐ฅ Next Altseason Located: Watch The Bitcoin Dominance!
Over the last months I've been fairly bullish on the Bitcoin Dominance (BTC.D). In other words, I think that BTC will outperform the average altcoin in the time to come. My most recent BTC.D analysis below.
In my eyes, the Bitcoin Dominance will continue to rise until it has reached the top purple line of resistance. Realistically, it can take another 6-8 months before we get there, right on time with the Bitcoin Halving.
Bitcoin is going to be, on average, the better investment over the next months. Only after we've reached the top resistance I'll be looking for long-term alt outperformance.
For the next bull-run / altseason, I'm looking at the bottom support to mark the end of the altseason.
Do you think that BTC will outperform alts in the coming months? Share your thoughts!๐
In my eyes, the Bitcoin Dominance will continue to rise until it has reached the top purple line of resistance. Realistically, it can take another 6-8 months before we get there, right on time with the Bitcoin Halving.
Bitcoin is going to be, on average, the better investment over the next months. Only after we've reached the top resistance I'll be looking for long-term alt outperformance.
For the next bull-run / altseason, I'm looking at the bottom support to mark the end of the altseason.
Do you think that BTC will outperform alts in the coming months? Share your thoughts!๐
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