Bitcoin Dominance BTC.D - Head and Shoulders + Broken trend line

Market Cap BTC Dominance, % (CRYPTOCAP:BTC.D)

CRYPTOCAP:BTC.D Market Cap BTC Dominance, %

headandshoulders supportandresistance trendline dominance dominancebtc btcdominance btcd bitcoin altcoins crypto

Head and Shoulders pattern is still valid. This is extremely bad for altcoins, this Head and Shoulders pattern is powerful. Also, the major trendline to the downside is broken. Big move is probably coming and it will be nasty. You can short altcoins on Binance Futures / Bitmex or move your Crypto to USDT temporarily - only for traders. Monthly chart is still bullish for altcoins.