BTC DOMINANCE CRASHING WHATS NEXT?
Now that Bitcoin dominance has officially broken its uptrend and started a confirmed downtrend — as the previous higher low has been taken out — the key thing to watch next is the 55–56% range.
Once BTC dominance enters that zone, you may consider taking partial profits from altcoins if you'd like, as this area could trigger a bounce where dominance attempts a short-term recovery toward the upper resistance zone (around 61–62%).
After hitting that upper red zone, Bitcoin dominance is expected to start its real crash — a sharp decline likely lasting 1–2 months — bottoming somewhere between 40–45%. My conservative target is 40–42%, which is where I expect the actual altseason to begin.
So be patient, don’t rush, and approach the market carefully and strategically.
source https://www.tradingview.com/chart/BTC.D/COtJwD31-BTC-DOMINANCE-CRASHING-WHATS-NEXT/
No comments:
Post a Comment