BTC Dominance ready for a strong bounce

3. Sept. 2022

BTC Dominance is currently sitting on the strong support and seems to be ready for a strong bounce. RSI currently oversold on daily timeframe.

It would make a lot of sense as we still expect alts to drop 50 % which most likely will happen if BTC dominance bounce from this key support.

From another hand, if BTC.D breaks down, we may see an alt season and some really nice gain. However, this scenario in our opinion is less likely . We also expect that ETH merge will be a sell event which may trigger the drop in value for other alts too. Be ready for a bloodbath.

If BTC.D bounces from the key support , we expect it to reach the upper boundary of the range and BTC.D would be at approx. 48 %

13. Okt. 2022

Trade ist aktiv

As expected. BTC.D is on the rise.
More blood coming in the altcoins market

13. Nov. 2022

Anmerkung

The sentiment is ultra bearish, altcoins are bleeding , FTX scam etc. , there are new FUDs regarding Crypto.com, Huobi exchanges. We may see a huge capitulation in altcoin market. It would cause BTC.D rise.

16. Dez. 2022

Anmerkung

BTC.D has been rising slowly. We expect it to accelerate soon

31. März 2023

Trade geschlossen: Ziel wurde erreicht

BTC.D reached the target. We should see a mini alt season soon. However, if it breaks the resistance, altcoins will bleed more. Watch out.