Ladies and gentlemen, we have a confirmed breakdown of Bitcoin Dominance (BTC.D) index chart. Not only we are seeing a triple-top pattern fully confirmed, we are seeing the start of a new trend.
A downtrend means lower lows and lower highs long-term.
➢ Bitcoin Dominance going bearish as this chart shows means that the Altcoins will grow in relation to Bitcoin. This index chart supports the bullish bias that I've been showing on hundreds of smaller (altcoins) pairs.
➢ All those ALTCOINS vs BITCOIN (ALTS — BTC) are set to grow strongly, the strongest growth in years. This is yet another confirmation signal.
➢ The index produced a strong bearish candle this week, deleting four weeks of sideways action. A clear rising wedge pattern is breaking towards the down-side. Bitcoin dominance is moving lower for sure and this dynamic has been playing out for a while now.
➖ Prepare for the drop (Bitcoin). ➖ Prepare for the rise (smaller Altcoins).
➢ If you are wondering which of the Altcoins pairs will grow, please visit my profile. I shared all the best one recently and in the past 38 days. There is a filter. If you read, you will find the ones that are going to move strong, fast and first. If you are confused, it is meant to be this way... Reading the trade-ideas will clear all confusion and will lead to massive profits, growth, peace of mind and success.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.