AlanSantana

Bitcoin Dominance Potential Strong Drop Ahead

CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
BTC.D trading below EMA10 holding one final support... If it breaks, we will witness a strong drop.

The RSI is very weak as you can see...

We have the SPX correlation and you can see my previous bearish BTC trade ideas which supports this chart.

We have bullish and bearish waves.

Bullish wave March.
Bearish wave April.
We can expect another bullish wave May.
Strong bearish wave June...

Namaste.

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