BITCOIN DOMINANCE CHART

One weekly time frame see BTC dominance is bullish, but at the same time it has penetrated the trendline in donward direction, which indicates a decrease in BTC dominance. Unless the market is below the trend line we can expect BTC Dominance will decrease in upcoming days.

On daily time frame it has made few bullish candles but we may expect a rejection from the trend line (resistance).

WHEN ALTs SEASON IS GOING TO BE STARTED??

Alts is at the door. why i am claiming it?? The reason is BTC dominance. From the chart we can clearly see the trend line (which acted as a support) have been broken in down side. It means in upcoming weeks we can see decrease in BTC dominance. Decrease in BTC dominance means THE START OF ALTs SEASON.

If BTC dominance decreases what does it mean?? It means all the capital from Bitcoin will shift towards stable coins. Imagine BTC has almost 2 Trillions market cap even above that and if this huge flow turn towards Alts coins!! A huge rally will be seen in Alts prices. We have multiple projects which only needs few billion dollars to give you 10x to 50x return and even 100x return.

Let me mention my favourite ALT coins here and their prices i am expecting they will touch in this bull run.

XRP🔜 $10 to 15

DOT 🔜 $23 to $50

ICP 🔜 $50 to $100

DOGE 🔜 $1 to $2

SUSHI 🔜 $10 to $25

SHIB 🔜 $0.001 to 0.005