Apollo_CB

Update on Bitcoin dominance weekly

Long
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
BTC dominance has been on a steady rise this year with a recent upswing coinciding with price action. The cup and handle breakout from a while ago has played out as expected. I believe we see the dashed green line in a few months time, weaker altcoins will bleed harshly and strong will also go sideways or bleed until BTC consolidation. RSI has risen harshly. I think we at least see the teal fib level in a few months.

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