Market Cap BTC Dominance, %
Long

BTC dominance (Y20.P4.E01.v2).Micro.Bullish Div

499
Hi All,

Many of the ALTs are dropping because we have a bullish div. playing out as per the chart.
Its a bit puzzling as to why they nearly all do it but here are my thoughts.

> 1) BTC decent from 11400 to 11300 range makes the ALTs decend more rapidly as BTC is king;
> 2) The ALTS like LINK, KAVA, ADA, etc and many more have not completed their ABC correction;
> 3) We have a key level of resistance level on the chart, which could mean that 11200 is a strong support;


Either way, there is not much you can do at this point, if you haven't planned your strategy out.

Where from here? That is the question.


Cheers,
S.Sari


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