I drew this chart 1st of May 2022 and suggested that it was signaling an Altcoinseason.
After the dominance had broken out of the bearish triangle to the upside I thought I WAS WRONG.
However, after a strong reversal the Bitcoin Dominance has fallen back inside the triangle today and is FALLING LIKE A STONE !!!
Will be really interesting to see how this further develops ....
After the dominance had broken out of the bearish triangle to the upside I thought I WAS WRONG.
However, after a strong reversal the Bitcoin Dominance has fallen back inside the triangle today and is FALLING LIKE A STONE !!!
Will be really interesting to see how this further develops ....
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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.