BTCD - Well, well, well - is this it? BTC season confirmed?
Looks like BTC has decided where we are headed and it's called BTC season!
Once the week closes above the pennant, we will have confirmation and likely retest the breakout and push higher towards 70%.
What does this mean? The bull market rally in 2021 will be led by no other than the king of crypto - BTC.
How will alts behave? They will struggle to keep up as long as the dominance of BTC increases, however, as soon as BTC reaches a top, most probably around 80%, then alts will shine.
That does not mean alts wont pump, they will, but in this scenario, you want to have most of your exposure in BTC.
Like and subscribe to stay updated.
Once the week closes above the pennant, we will have confirmation and likely retest the breakout and push higher towards 70%.
What does this mean? The bull market rally in 2021 will be led by no other than the king of crypto - BTC.
How will alts behave? They will struggle to keep up as long as the dominance of BTC increases, however, as soon as BTC reaches a top, most probably around 80%, then alts will shine.
That does not mean alts wont pump, they will, but in this scenario, you want to have most of your exposure in BTC.
Like and subscribe to stay updated.
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Likes and follows appreciated! 🚀
