Nice mitigation of previous $BTC dominance channel. This is great for alt season! With dominance dropping more money will flow in to the alts in the upcoming weeks. But that does not mean $BTC is done with it's price.
€55,176
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Nice mitigation of previous $BTC dominance channel. This is great for alt season! With dominance dropping more money will flow in to the alts in the upcoming weeks. But that does not mean $BTC is done with it's price.
No proper pullback yet. $BTC just touching the lower channel limit with that liquidations. Alts did react a bit more aggressively but again. Failed to get through last TOTAL 3 ATH resistance on the first try. We will get it next time. Pretty healthy to wash out the accumulated longs.
All is good. Still we are positioned perfectly. Dips are for buying. Other than that sit and enjoy the show!
Total market cap for alts excluding top 3 is fighting with previous ATH level. Once this is clear we will have a nice push to the upside!
Literally said yesterday that its on $ETH .... I think ATH will be tested in a few days time! For now let's sit back and relax! We are ready!
We had a nice liquidation event on BTC. Needed after so much time. I think the next step is for $BTC to start ranging again and alts to make a new leg up!