24.10.21 Whale Indicator - Start of altcoin?

Bitcoin Dominance (D.BTC) - 4H

Bitcoin Dominance (D.BTC) recently closed below the orange whale indicator on a four-hour and daily basis

We have to wait and see the current flow, but if a few more candles come out, I think we can see a clearer direction

If Bitcoin Dominance continues to show a downward trend, we can expect more active movement in the altcoin market than in Bitcoin

Continuous monitoring will be needed for more detailed analysis, but strategic preparations for altcoins will likely be needed


However, if Bitcoin Dominance rises above the orange whale indicator again, the current downside view could be nullified

In this case, it is necessary to recheck the new direction after checking additional candles

Now is the time to closely monitor the short-term flow and modify the strategy according to the indicators