Bitcoin dominance according to the previous analysis in the first return range. There was a lot of reversal and growth. According to the chart, we have a weekly downtrend line, which we expect to see a continuation of the decline in dominance.
Note
Note
According to the classical or trend line or Elliott theory. We will have a downward impulse wave that ends this wave.The end of the Altcoin season is over. After this target, we have to wait for the bitcoin dominance to rise sharply.
Note
The range below 36 is suitable for gradual exit from Altcoins good luck.
Note
Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.