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finally brokeout (4H candle )
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and hence BTC dominance has not much influence on Altcoins. Altcoins pumped but dominance remains ATH. #BTCDOMINACE #btc
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Lesson number 69- it's not always the BTC dominance that decides the Altcoin market. people believe that BTC dominance will soon dumb and they will see huge Altcoin movement because people will sell their btc and put it into Altcoins. if you look at today's BTc dominance chart, it has barely moved but still Altcoins pumped.
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#btc good news - Btc dominance is falling bad news - btc is falling too.... conclusion - no Altcoins pumps
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#btc Btc is going for 59700 to 60000.... There is a High chance that it will bounce back from its position.
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The scary thing about this is that, the Btc is still in its high zone but Altcoins are already making their all time low. imagine what would happen if btc fell to 40k range ...
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