$BTC Dominance

For those of you that believe in charting this thing, it's dangling on the edge of the precipice. If it breaks down, you know what that could mean?

Something that rhymes with fault reason.
$BTC Dominance

This was holding support like a champ - until today. This looks likely to finally break down, although we need to wait until the end of the candle to confirm.

This would be a decent indicator that alts will thrive.

Rhymes with Malt Easin'.
$BTC Dominance

Finally closed a candle below support - confirmed break down. Bullish for alts.
$BTC Dominance

I discussed this in Thursday's newsletter. Dominance broke down and came back up to test former support as resistance, which was bad for alts. Read below. Now is the moment - does it drop here and give us an alt run or continue to pop?
$BTC Dominance

Later, peace, see ya. I've been discussing this for weeks.

Dominance is falling off a cliff, while Bitcoin price rises. This is an alt trader's wet dream.
$BTC Dominance

It has been alt season for months. Dominance continues to dump like an illiquid shit coin. No sign that the alt party is ending yet.
$BTC Dominance

Bounced perfectly from support. I think alt season is delayed or over for the moment. If you remember 2017, alt season comes in spurts. I have reduced my alt exposure even further. Worst that happens is I miss some gains - I would rather that than to give them up.
$BTC Dominance

Dominating.
$BTC Dominance

The dominance chart, which is not an asset that is actually trading, is cleaner than most charts you will see. Look at these perfect support and resistance bounces.
$BTC Dominance

Breaking a key macro support with style, after testing it a number of times.

Alt season should continue for quite a while.
$BTC Dominance

Break support, pump to retest as resistance, drop again.

The key purple line has not been tested as resistance. I expect that to happen at some point.

No end in site still for alt season - there's always some pain on the way.
$BTC Dominance

Bang. As anticipated, it just retested former support as resistance. Now we will see what happens to our precious alts. If it gets rejected (as it has at every level), then it will likely be time to go back into alts with a heavy hand.

Cleanest chart, crazy.
$BTC Dominance

This is one of my better TA threads ever, going back quite a ways.

Dominance looks like it was once again rejected at key support, flipped to resistance. Nothing but a gaping abyss below.

Alt season.
$BTC Dominance

This is my favorite chart at the moment.

Another bounce and rejection at key resistance. I am looking for something like the blue line, following what has happened before.

Alt season.
$BTC Dominance

Another one.

Support break and bounce back to resistance, as predicted. Lock clock work.

This is my best TA thread ever, no doubt.
$BTC Dominance

Cleaned up the chart to illustrate this single line. Dominance is at a major resistance here.

A break through and continuation up would likely be miserable for alt coins.

Rejection here and alts could have found a bottom for now.

Get your popcorn.
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