BTC Dominance has finally broken support and is heading down to the bottom of the long term channel. ALT season will explode if it breaks the red resistance and closes below the channel.
I am expecting the GSR to return to the medium doted line in the near future with the divergence of the short term FIB time zone 3 coinciding with the long term FIB time zone 3. This will bring the silver chart at the bottom up closer to the medium dotted line. Fingers Crossed!
This is my comparison tracking the divergence in the gold and silver prices since 2006 prior to the Global Financial Crisis.
I noticed that both prices in USD and tracking in the same upward channel. I have inserted two FIB time zones that seem to be playing out with a move about to play out here on the 20th April 2025.
