BTCD Macro Analysis: Support = BTC SZN??

Bitcoin Dominance has bounced twice off of its historic ATL support level. If we see a reversal, it will lend credibility to idea of an epic Bitcoin run up many are anticipating and BTC will outperform most (especially large cap) altcoins.

happy trades,
CD

Kommentar:

So far following Alt SZN trajectory... Moving sideways is good for Alts too, as we've seen on Kucoin recently :) But BTC still has plenty of time to steal the spotlight again...

Remember, BTCD pumping doesn't necessarily mean BTC is pumping-- It also occurs on BTC pullbacks, as traders sell their alts as BTC drags the whole market with it.