BTC.D 1D (CryptoCap) Descending channel breakout

28 сент. 2020 г.

This looks like a clear bullish breakout and retest for Bitcoin Dominance to me.
It makes me thinking that ALT market could suffer for next 2 months or so!
We may see a last pump from here and there but I believe this is the return of king BTC.
If this was tradable, I'd be longing on the zone, but since it's only an index, I will reduce my alt positions.

30 окт. 2020 г.

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My view would allow an alt season in November!

30 окт. 2020 г.

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Playing out almost exactly as planned...

30 окт. 2020 г.

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#BitcoinDominance is still going up!

30 окт. 2020 г.

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Rejected on highest parabolic curve

We could see a pullback to the lowest parabola letting ALTs breathe a little!

30 окт. 2020 г.

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Nailed it so far on #BitcoinDominance

I hope you shorted some ALTs or at least reduced exposure as I suggested several times!
I am now expecting that pullback before it resumes bullish.

30 окт. 2020 г.

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BTC.D 3D: That would be the macro view: