Preparation for Crypto Winter
Updated
All time highs across the board. Shattered dreams inbound. This is a weekly chart of BTC.D It appears dominance may be finding a potential bottom near the .786 region. I will be monitoring this over the coming months on the weekly and daily time frames.
Comment
MonthlyComment
Comment
Sizeable drops in the markets. Reaction for BTC. Will update upon any further retraces or drops. Careful with Alt positions.Comment
I hope everyone is staying safe in their positions. These things take time to play out. Some are calling for only a temporary bottom here for BTC dominance and further drop; while others are calling for a much longer term shift in dominance. In either case, this will most likely play out over the next few months so better to react to price and not play Nostradamus. Comment
Targeting 50th percentile for BTCComment
Quick BTC.D update. ETH looks strong relative to BTC. Not sure where we go as many Alts held well relative to BTC during the dump. Last area I'd expect a reversal dump is 887 of the internal retracement.Comment
Further note. 707 Algo to the tick for the dump :-)Comment
Update Comment
Quick Cleaned Update. Daily TF. Starting to get a little bit chilly, no?Comment
Update on Daily Dom for the person who commentedComment
3 Day BTC.D UpdateTrade closed: target reached
Comment
Jun 6Comment: Quick BTC.D update. ETH looks strong relative to BTC. Not sure where we go as many Alts held well relative to BTC during the dump. Last area I'd expect a reversal dump is 887 of the internal retracement.
Comment
Comment
Comment
Comment
Will need to revisit this soon...Comment
I'll make some new posts soon. Final thoughts on dominance. Comment
Reassessing my "alternate."
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.