Hello traders, I hope you have had a profitable week.✋ First, pay attention to the previous analysis of the Bitcoin Dominance Index.👌
The Bitcoin Dominance Index is approaching the important level of 48.48. Despite the possibility of being rejected below this level, if the price of Bitcoin stays at a certain level or grows, the altcoins in the market can experience an upward movement of 20-40%.
Ethereum price targets were identified in a separate analysis.
Please share ideas and leave a comment, let me know what's your idea. CrazyS
Note
BTC.D started a downtrend. While Bitcoin is slowly rising and dominance is reaching lower levels, altcoins will start to 🚀.
PS: divergences are on the chart!
Note
Dominance returned to the important weekly level. Altcoins are watching the movement of Bitcoin.👌
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