thedailychartist

BTC Dominance and potential double-top reversal scenario

Short
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
BTC.D looking top heavy and currently consolidating just above support level (~60%).

We are also looking at a potential double-top setup (with neckline at 57.2%), the completion of which takes us to the low 40s.

Needs to break that neckline first but are altcoins about to go berserker mode on us?

A bit of a waiting game but we'll get the answers soon enough.

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