BTC 4H Structure & Altcoin Market Outlook!
Looking at the 4H chart,
$BTC is currently moving sideways in a consolidation phase. This stability is overall very healthy for Altcoins. Here are the two exact scenarios I am tracking based on Bitcoin Dominance.
Scenario A (Altcoin Pump):
If BTC continues to move sideways while Bitcoin Dominance (BTC.D) starts to DROP, volume will aggressively shift into Alts, triggering a strong Altcoin Pump.
Scenario B (Altcoin Stability):
If BTC remains stable but Dominance starts to PUMP, Altcoins will likely stay flat and stable. The good news is, we won't see a major Altcoin crash in this phase.
The Warning:
I have attached the 4H chart for reference. If the market doesn't play out this way, watch out for BTC sweeping the upside liquidity labels first, followed by a heavy rejection/fall.Keep these levels in mind and manage your risk! DYOR.
#bitcoin #cryptotrading #Altseason #bitcoindominance #MrTrader $BTC