Alt season here we come?
Updated
Hey guys.
So... in both of those charts we can see my prediction for BINANCE:BTCUSDT
and for CRYPTOCAP:BTC.D
After our massive rally to the 13k~14k areas and the rise of BTC's dominance, we could face a correction (which is a good thing after such an amazing jump (that you can see I told you would happen in an older post that I will link here )).
This correction could lead us to the 10k areas and even down to around 8k again if the momentum is strong.
Also, we can see that BTC's dominance reached the same resistance that it had back in December.
So my bet here is that IF this correction turns out successful, and the dominance will go down, especially after so much money entered the market.
It should and probably would spill into alts. Taking the big ones up first and the rest after them.
In the chart here you can see how I personally think things would go.
Hopefully we'll see 8K range again for a chance to accumulate even more BTC , because I done think we'll see those prices anymore in a year or two from now!
Trade closed: target reached
Forgot to update but first target reached perfectly
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