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nagihatoum

BTC.d Alts might be in trouble

Long
Market Cap BTC Dominance, % (CRYPTOCAP:BTC.D)  
nagihatoum Updated   
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Trend Analysis Chart Patterns Technical Indicators BTC DOM dominance
13
3
trendanalysis chartpattern indicator btc dom dominance
BTC.D has formed a strong bullish divergence at range support with a triple bottom. This might lead to a bounce for BTC.d which spells trouble for Alts. Usually when BTC.d goes up, market is sliding as a whole with alts dropping faster than BTC.

We can see a similar analysis with 100-BTC.d which represents the dominance of the market excluding BTC.
snapshot
Comment:
went up better than I expected
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