Paraman666

BTC futures - breaking all time high ?

Long
CME:BTC1!   Bitcoin CME Futures
All charts are currently moving kinda independently, however there are clear signs on the chart of btc dominance, that btc is ready for some big volatile move. Price is currently back above 21 daily MA, sentiment isn´t bullish at all, there are no longs on bitmex right now. BTC dominance should reverse soon and most altcoins should be underperforming bitcoin for next weeks, however some of the altcoins in USDT pairs have still bullish structures (BAND, THETA, DASH), so I don´t really see bitcoin dumping right now. The only chart that could be bullish is chart of BTC futures, GBTC and other normal btc charts are quite bearish, so hard to tell. But as I said, I am not expecting too much sideways action anymore, we should see some volatile move very soon.

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