Hello everyone,
We have been waiting patiently for BTC.D to reach this level.
As predicted this would be the level where BTC would reach it's Maximum market dominance.
The sequence of events now is 3 different rallies of other assets as BTC.D creates a distribution zone.
Each rejection from the BTD.D resistance line will provide larger more sudden rallies in other assets.
Looking at Ethereum's dominance chart it is clear that Ether is only at the beginning of it's rally.
During the 2020 - 2021 a group of analysts and myself found that under the right conditions Ether would reach 40,000.
With this in mind I expect that there is some possibility of this BTC.D chart being made redundant as further analysis on BTC and other assets point to mid 2025 as the top of the Bull market.
It is important to note that the preparations for this scenario began back in August 2022 and I want the idea of preparation to be the take away from this chart and post.
Through preparation we are ready to welcome opportunities and also protect our capital.
Win share, educate.
We have been waiting patiently for BTC.D to reach this level.
As predicted this would be the level where BTC would reach it's Maximum market dominance.
The sequence of events now is 3 different rallies of other assets as BTC.D creates a distribution zone.
Each rejection from the BTD.D resistance line will provide larger more sudden rallies in other assets.
Looking at Ethereum's dominance chart it is clear that Ether is only at the beginning of it's rally.
During the 2020 - 2021 a group of analysts and myself found that under the right conditions Ether would reach 40,000.
With this in mind I expect that there is some possibility of this BTC.D chart being made redundant as further analysis on BTC and other assets point to mid 2025 as the top of the Bull market.
It is important to note that the preparations for this scenario began back in August 2022 and I want the idea of preparation to be the take away from this chart and post.
Through preparation we are ready to welcome opportunities and also protect our capital.
Win share, educate.