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Market Cap BTC Dominance, %
Short

BTC Dominance Analysis

By ssari
Updated
Looking at the BTC dominance chart, one can see why the rise of the ALTS. It looks like we have to pay alot of attention to this.
I'm expecting an 0.618 or 0.786 retracement
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Observation:
0.5 retracement looks like support for BTC.
RSI on BTC dominance is strength to the upside.
Double bottom.

Conclusion:
ALTS will start dropping in price against BTC on the hourly basis
snapshot

4 HRLY Chart:
snapshot
Trade active
Hit the 0.618 fib. More side ways movement.
snapshot
BTCbtcdominanceChart PatternsHarmonic PatternsTrend Analysis
ssari
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