A short altcoin rally is ahead
BTC.D tells a lot about the crypto market.This recent trend reversal is a clear indication of an upcoming alt rally. However, I wouldn't expect anything crazy like 2021.
BTC dominance is already low, and a close in the red area possibly signals the end. Anything below 40% is a stretch for the alts. That's an excellent time to take profits into stables or BTC.
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.