Hi all.
Let's talk about the dominance of bitcoin. The last time I reviewed this chart was more than half a year ago and globally the plan has not changed. When we see a complete capitulation in the cryptocurrency market, altcoins will make another -70% of current prices, and bitcoin -25-30% dominance will fly into space where it will remain for some short time.
When fear goes off scale and everyone in the market will sell or simply run away from the market, our task will be to buy as much as possible at that moment only bitcoin will grow and when everything settles down all people will start to buy bitcoin a little bit at high MM values like this was always the altseason, because pumping up altcoins is hundreds of times easier than bitcoin, they will create a new shiba or doge or whatever you want to call it, the main task will be to unload on you and impress FOMO as it has always been.
Leave your comment, I would be happy to discuss ideas
Let's talk about the dominance of bitcoin. The last time I reviewed this chart was more than half a year ago and globally the plan has not changed. When we see a complete capitulation in the cryptocurrency market, altcoins will make another -70% of current prices, and bitcoin -25-30% dominance will fly into space where it will remain for some short time.
When fear goes off scale and everyone in the market will sell or simply run away from the market, our task will be to buy as much as possible at that moment only bitcoin will grow and when everything settles down all people will start to buy bitcoin a little bit at high MM values like this was always the altseason, because pumping up altcoins is hundreds of times easier than bitcoin, they will create a new shiba or doge or whatever you want to call it, the main task will be to unload on you and impress FOMO as it has always been.
Leave your comment, I would be happy to discuss ideas
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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.