$BTCDOM IS GIVING US A WARNING !!!
BTC Dominance is still moving inside the falling trendline. If BTC.D keeps dropping toward the green support zone, that would be a good sign for alts. It means altcoins could continue moving up as BTC dominance gets weaker.
But there’s one thing I’m watching closely. If BTC.D breaks the falling trendline before reaching the green zone, the altcoin bullish setup becomes risky. That could mean BTC.D is turning back up, and alts could face another big dump.
BTC Dominance is still moving inside the falling trendline. If BTC.D keeps dropping toward the green support zone, that would be a good sign for alts. It means altcoins could continue moving up as BTC dominance gets weaker.
But there’s one thing I’m watching closely. If BTC.D breaks the falling trendline before reaching the green zone, the altcoin bullish setup becomes risky. That could mean BTC.D is turning back up, and alts could face another big dump.
