2 Scenarios
Market Cap BTC Dominance, % CRYPTOCAP:BTC.D
I think these two scenarios are the most rational and logical ones available right now. That is if the market behaves rationally. Scenario 1 is if the D manages to go back to 66%. If that happens, then it is very likely we are in a bear market, where many alts will see new all time lows. If the D goes back to 62% and gets rejected and goes back down, then it means Alts will get torn into pieces at first, but will still recover and there will be a mild alt season.
source https://www.tradingview.com/chart/BTC.D/G55qaZCy-2-Scenarios/
No comments:
Post a Comment