Crypto-Quantum-Fox

BTC.D - bitcoin dominance - momentum fractals

Long
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
BTC.D - bitcoin dominance - momentum fractals

just taking a quick squiz at this dom chart. been neglecting this one.



cycles of degen:

bitcoin pumps again leaving most alts behind.
select few alts pump with it or beat it % wise.

btc dom flats out and another wave of alts pumps.

everything dumps.
Comment:
Comment:
looks to be progressing well. guessing a mini alt run here, then one BIG push by the big dog, then range/slight down as alts make their next decent move up. then another big final push by btc, final alt run then splat for everything.

same shit different day,,, i mean year.
Comment:
time for BTC to push up here against most ALTS
Comment:
here we go, last power move incoming for BTC
Comment:
first spike/touch the main line complete. looks like a grind up to that area, prob as a few alts get some good pull backs here.
Comment:
waiting for btc to push up here in strength, or another leg down on alts against btc would do it too.

im guessing btc and a select few tokens pump hard here. 56k incoming. hopefully. haha
Comment:
btc going for that push above now, its gonna keep sucking the capital out of most alts to finish its thrust.
Comment:
LOOK AT THE START OF JULY 2019, we hitting that channel in the same fuckin way, price action the SAME!!! man i love this shit sometimes its like having a crystal ball. i derisked almost everything as RUNE led this last dump.

waiting to buy discounted bags here then final move begins

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.