More on Dominance

10. Mai 2021

Often Dominance bottoms create pullbacks across the spectrum. I've highlighted some examples here.

12. Mai 2021

Anmerkung

People are talking about "the flippening" on Crypto Twitter after Elon's 180 on bitcoin mining. Elon doesn't give a sh*t about crypto peeps. These guys talk down the markets they want to BUY. The only flippening will be an altcoin massacre.

13. Mai 2021

Anmerkung

BANG. Alts battered. We f'n NAILED this. Dust needs to settle I wouldn't expect a bottom tonight

16. Mai 2021

Anmerkung

I'm liking a bottom SOON here imho. BTC around 42-43 looks like a nice R/R for a long.

ETH has put in a measured move to 3350~, but ETH doesn't look great on the RSI so I am staying away from that for now. BTC is a safer bid here in my opinion

17. Mai 2021

Anmerkung

BTC low achieved - spot on. Whether we need one last squiggle down to 41,700 i don't know. But looks like BOTTOM IN imho. Dominance still hasn't really moved up significantly (although low cap alts got slaughtered). Open to being wrong on dominance - it would be better for the market! We'll see. #BTFD

19. Mai 2021

Anmerkung

BTC obviously went WAY lower than I expected. Dominance curling up so I will be monitoring this over the coming days. I bought heavy in BTC from 38-42 and am holding.