BTC Dominance just broke out from its descending trend and we moved pass the resistance to make it support!
The move yesterday when BTC pumped 8,662 in one day... well that made history (see my other idea on BTC liked below).
What is curious is that now all market, including most altcoins are pumping hard. We have double digit or even triple digit gains a day.
If anything, I would be a little bit cautious here and secure some profits just in case.
For now BTC Dominance is due to go towards 67%, but if the altcoin continue to double overnight, it will be hard for BTC to gain more market dominance. Lets see how this evolves.
Keep a close eye on this chart!
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
The move yesterday when BTC pumped 8,662 in one day... well that made history (see my other idea on BTC liked below).
What is curious is that now all market, including most altcoins are pumping hard. We have double digit or even triple digit gains a day.
If anything, I would be a little bit cautious here and secure some profits just in case.
For now BTC Dominance is due to go towards 67%, but if the altcoin continue to double overnight, it will be hard for BTC to gain more market dominance. Lets see how this evolves.
Keep a close eye on this chart!
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
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