BTC Dominance Retests 50 EMA — Alt Season Loading?

Market Cap BTC Dominance, % CRYPTOCAP:BTC.D

unichartz

BTC dominance broke below the 50 EMA and is now retesting that zone after a sharp correction.

If it fails to reclaim the EMA, we could see dominance sliding lower, giving room for altcoins to rebound.

But a clean reclaim above this level might extend BTC’s lead a bit longer before the next rotation.

DYOR, NFA

source https://www.tradingview.com/chart/BTC.D/FGcTnfoP-BTC-Dominance-Retests-50-EMA-Alt-Season-Loading/

ETH/Altcoin Bitcoin dominance is looking fantastic

Market Cap BTC Dominance, % CRYPTOCAP:BTC.D

Kirk65

Altcoin is getting ready for a huge run.
Looking at Bitcoin dominance, the 50% Balance rule is getting full filed, and i believe
that ETH will get a huge move to the upside from today's price.
Both BTC and ETH prices have balanced out to 50% on a monthly. If you do understand this price action move, Market makers
have no more reason to balance their investments anymore. I am just saying - Get ready for a huge move to the upside in ETH and the Altcoin market.

source https://www.tradingview.com/chart/BTC.D/CjTh4bpR-ETH-Altcoin-Bitcoin-dominance-is-looking-fantastic/

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