Quick Update :
- Don't be Scary about your alts, as you noticed yesterday while BTC was pushing, Alts did an inversed movements, it just was caused by TheKing Dominance growing.
- Many times in history when BTC was pushing too fast and too strong, Alts were oppressed by the power of peoples buying BTC.
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- So the Normal ways are :
- BTC up = Dominance Down
- BTC Down = Dominance Up
- BTC Push Hard = Dominance Up
- BTC Reach a Limit Price = Dominance Down ( Peoples convert BTC to Altcoins )
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- Matter of time before Dominance Retrace to 35% ish and Altcoins starts to be bullish.
- Dominance is very important so you always have to keep an eye on it !
Happy Tr4ding !
- Don't be Scary about your alts, as you noticed yesterday while BTC was pushing, Alts did an inversed movements, it just was caused by TheKing Dominance growing.
- Many times in history when BTC was pushing too fast and too strong, Alts were oppressed by the power of peoples buying BTC.
--------------------------------------------------------------------------------------
- So the Normal ways are :
- BTC up = Dominance Down
- BTC Down = Dominance Up
- BTC Push Hard = Dominance Up
- BTC Reach a Limit Price = Dominance Down ( Peoples convert BTC to Altcoins )
--------------------------------------------------------------------------------------
- Matter of time before Dominance Retrace to 35% ish and Altcoins starts to be bullish.
- Dominance is very important so you always have to keep an eye on it !
Happy Tr4ding !
Note
TheKing is theKing 🙏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.
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.