acolak4

Time to invest in alts?

CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
As you can see on this chart,BTC dominance reached resistance level of 69,8% on 15th July.Last time it happened on 5th December 2017.Only difference from then and now, in 6 days ,BTC dominance gave up 13.5% ,and now only 6.5 %.This 13.5 percent caused then,to be pierced 21 DMA,and 50 DMA,in the same time ,and it caused steep fall to 0nly 35% of dominance,in 35 days,the lowest in history of BTC. It looks like it will not happened so fast this time,cause, BTC dominance is still over 21 DMA,and much higher of 50 DMA. Probably this time if it broke 21 DMA it will lingering between 21 and 50 DMA.

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