Market Cap BTC Dominance, %Updated Could Bitcoin start to overperform again ?
Bitcoin has been underperforming recently (in relation to altcoins) and crashed from 72 to 40% dominance.
It was recently very much oversold.
Could it be at the start of overperformance agein ?
Too soon to say ... but important to keep an eye on !!
It was recently very much oversold.
Could it be at the start of overperformance agein ?
Too soon to say ... but important to keep an eye on !!
Trade closed: target reached
Even if I did not write it in my post, my mental target was 50.0Easy to state after it happened but what I say is true.
Now that we have reached 49.0 and that BTC is breaking down from the bearish wedge it has formed, I close this post.
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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.