Altcoins Will Bleed - BTC Dominance 60% Coming Soon

Updated
❌ Cancellation of this trade idea - 1M close > 39.66% on my inverse BTC.D chart
Note
Target 57.20%

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Note
Hello everybody!

After 14 months, we see excellent development of this trading idea!

The BTC.D index rose from 40% to 54%, while the price of Bitcoin made a significant price movement!

From $19,882 we saw a slight update of the low to $15,473, after which a bullish rally began and today the 2023 ATH is indicated at $35,194 (BTCUSD index chart)

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Over the next 1-3 months, I expect to see a correction in the BTC.D index to the level of 47.72%; we will see a significant recovery in the altcoin market. Many coins will start to wake up and there will be a “mini bull rally” until the end of 2023. Goodbye!

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btc-dominanceTrend Analysis

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