#BTC Dominance following the path! Part II

6 mar 2022

Welcome to this extensive analysis BTC Dominance.
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Explained in the most simplified manner.
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Now, let’s get to the chart.
BTC Dominance is following the previous chart so far.
Although there's some initial rejection at the red zone. A break above that red zone is likely which will take us to 45.5% range.
A rejection at that point could result in fireworks across the btc pair altcoins.
For now expect some more bloodbath in Altcoins till dominance reaches the legacy trendline resistance which will eventually give us some good buying opportunities.
We will asses our strategy to enter altcoins when we reach there.
It's better to wait for now.

Invalidation:- Daily close below the blue MA.

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