Hello All,
Here we will focus on the Bitcoin Dominance chart. As you can see we are at a critical moment. As this price structure forms it can help us view the best way to allocate our crypto portfolio: Altcoin vs Bitcoin heavy.
If the price breaks down from this structure and breaks the final support zone we could see a massive altcoin season. With a break of these support levels, I would allocate more money into Alt-Coins rather than Bitcoin.
On the reverse side if the price action breaks to the upside then we can see money drain from altcoins and flow back into Bitcoin. This would mean more of your portfolio should be into Bitcoin.
Here we will focus on the Bitcoin Dominance chart. As you can see we are at a critical moment. As this price structure forms it can help us view the best way to allocate our crypto portfolio: Altcoin vs Bitcoin heavy.
If the price breaks down from this structure and breaks the final support zone we could see a massive altcoin season. With a break of these support levels, I would allocate more money into Alt-Coins rather than Bitcoin.
On the reverse side if the price action breaks to the upside then we can see money drain from altcoins and flow back into Bitcoin. This would mean more of your portfolio should be into Bitcoin.
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