BTC losing its dominance and Alts are seeing greenery once again
Based on the BTC dominance we can see that BTC is continuously losing its dominance which is a good news for alt coins.
Next major support for BTC dominance is at 54-57 range, so for next few days we can expect alt rally to continue but after that it will be a major decision point for alt coins.
if the dominance breaks the support range 54-57 then we can expect one more alt bigger that the current one.
I'm currently bullish for alt coin until we hit the support level of BTC dominance., i will close my position after that and probably re-enter based how BTC dominance moves.
Stay tuned for more updates.
Next major support for BTC dominance is at 54-57 range, so for next few days we can expect alt rally to continue but after that it will be a major decision point for alt coins.
if the dominance breaks the support range 54-57 then we can expect one more alt bigger that the current one.
I'm currently bullish for alt coin until we hit the support level of BTC dominance., i will close my position after that and probably re-enter based how BTC dominance moves.
Stay tuned for more updates.
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