Here's a very simple price action analysis for bitcoin dominance.
As you can see dominance can hit the support level 39 or around it and then the dominance can rise up to 44 and maybe to around 47-48 which we can see a price up for bitcoin.
Beware of ALTCOINS!
ps,I have been hearing about altseason as well which i find unlikely to happen.
We will see the growth of altcoins for a time as you can see on dominance but NOT an altseason for now.
As you can see dominance can hit the support level 39 or around it and then the dominance can rise up to 44 and maybe to around 47-48 which we can see a price up for bitcoin.
Beware of ALTCOINS!
ps,I have been hearing about altseason as well which i find unlikely to happen.
We will see the growth of altcoins for a time as you can see on dominance but NOT an altseason for now.