


ConquererCrypto
PremiumBTC Dominance compared with other majors and total cap.
I am expecting a pullback down to 54600-56300 area which would have many confluence with other indicators. That's where I'll lay my bids and target new ATHs.
$BTC - also considering the fact that all key lows are swept I wouldn't be surprised to see a move to the recent highs. Let's see. #Bitcoin #cryptocurrency #crypto
Prev. Range high is holding well so far, R favors the longs for now and I'll be targeting the prev high as I expect a liquidity run towards there.
$BTC update - nothing changed much. either reclaim 58k and go up, or fail and fall back to 52k, which I would start looking for long positions.
Two key levels for BTC. Currently we are in no-man's land, either we reclaim the blue above for bullish continuation, or we retrace back to 52k and see the reaction there. Basically the R favors the shorts around 58keks, and longs at 52keks.
Bitcoin reached strong supply zone, showing exhaustion signs along with 4hr divergence . It looks like this may be a local top here, I expect it to retrace somewhere in the green zone before blasting towards ATHs.
BINANCE:OCEANUSDT I will long this to range high once 0.42 is reclaimed. Also not a bad idea to fill up spot bags if it dips further.
As we can see the total of BTC - ETH - USDT dominance sums up to nearly 85% which leaves the rest of the ALTS only 15% as of now. However, Alts marketcap also rising, new money flowing in Alts, but not enough. For the long-waited Altseason to begin, we want to see BTC and ETH dominance start going down.
The money is flowing from USDT to BTC and ALTS at the same time. This results in BTC.D and ALTS.D rising simultaneously, and so does BTC and ALTS. Exiting times. Moral of the Story: BTC.D is not a good indicator if not combined with other factors. Unlike the common belief "when BTC.D rises Alts get rekt", both can rise together if the market is right. Happy...
BTC Dominance finally going down as well as USDT dominance, and money started flowing into ETH and ALTS in general. Probably not the best time to FOMO, but at least a good start.