BEARISH DIVERGENCE ON D1 Time frame
Hello everyone, the btc dominance is looking for a potential bearish reversal, the rsi can be seen trending downward as buy pressure is drying up. I believe this the dominance will soon fall under its multi month support around 40% and lead us to an alt season.
All of the conditions of alt season are met:
Bitcoin topped at 69k, ( reached 4.236 fib extension) Bearish divergence also on the weekly
Most alts are certainly oversold and btc pairing and look primed to run.
The percentages in bitcoin aren't there anymore. Money will soon flood into alts before we collapse into a bear market shortly.
The time to decouple from btc is among us
Targets for BTC D: 20-25%
Happy trading yall, please give me a follow if you agree with my ideas
All of the conditions of alt season are met:
Bitcoin topped at 69k, ( reached 4.236 fib extension) Bearish divergence also on the weekly
Most alts are certainly oversold and btc pairing and look primed to run.
The percentages in bitcoin aren't there anymore. Money will soon flood into alts before we collapse into a bear market shortly.
The time to decouple from btc is among us
Targets for BTC D: 20-25%
Happy trading yall, please give me a follow if you agree with my ideas