DasanC

BTCUSD DUMP - Move your BTC profits into Alts

Short
DasanC Updated   
COINBASE:BTCUSD   Bitcoin
My volatility indicator "Squeeze Zone" just plotted a double weak zone on the 4H chart for BTCUSD.

The last time this happened, BTC dumped over 20%.

Seeing a massive rise in XRPUSD (over 40% as of 11/23) to me is a foreboding sign that people are taking BTC profits and diversifying into alt coins.
Comment:
I'll be waiting for this zone to close and make a decision afterwards

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