brian7683
EssentialI'm soooooo BULLISH on alts! You better use some of that BTC to buy alts! See altcoin season index www.blockchaincenter.net
Musk and Cuban love this meme coin! It might be the most unlikely coin that actually becomes the standard payment method. Having a small position makes sense in my opinion.
The patterns are SOOOOOO similar! Hopefully BTC dominance breaks down like it did in July 2017!
When we breakout of the trend line, it's going to be CRAZYYYYYYYYYYY! XRP ATH = 10-15$ Can the dominance get back to 30%? That's NUTS!
Use the weekly or monthly RSI to identify TOPS and BOTTOMS!
Let's see if it plays out!
Sell when RSI gets to 80 between September and December 2021
We are not bearish until we get a Weekly RSI bearish divergence in the dominance. JAN 10, 2022 will be the MARKET TOP Altcoin dominance will get to 80% at the market top. We haven't had crazy down wicks like in 2017. Is it because there's less volatility because market caps are much larger? According to RSI, we are in July 2017. ALTCOIN BULLRUN INCOMING!
There's no way the BTC dominance will not go lower in this bull run than in 2017 at 35%. Alts are taking more place in the crypto market. In the long term, ALTS will take more dominance. BTC will never return to 90% dominance!
Look at that volume! It's HUGE! Could it be showing a trend reversal? I hope so!
When I compare the NASDAQ to BTC, that's what it's saying. Look at what happened in the down markets in 2018 and mid 2019 to 2020. It's very similar to today. We just brokeout of the weekly RSI which is bad news. The pain might continue for a while. If we get above the 0.50 mark, I would sell all my crypto for USDC. I would MUCH rather be bullish but it's not...