BTC Dom Double Top Drop?
BTC Dominance has rejected the upper trend line and we are seeing a nice big daily red candle forming.
We also are forming a double top pattern, which if it plays out we could see a significant drop in the BTC dominance. That could mean alts will have a chance to run again. Especially wince we are at range lows on most altcoin setups.
We also are forming a double top pattern, which if it plays out we could see a significant drop in the BTC dominance. That could mean alts will have a chance to run again. Especially wince we are at range lows on most altcoin setups.
Kommentar:
We are also in an ascending channel which is a bearish pattern.