Is the bitcoin dominance correlated to the DXY?
So far... I think so. Chart pattern wise anyway.
So, according to the DXY, if the Dominance follows this pattern we should be in the biggest altseason to date. But it could be the last one for a while as there could be a 90% to 95% flush out of alts coming.
This would crush all altcoin belief and get rid of all the shit coins. Lets be honest at this point it's needed to flush out all this garbage, it's too much.
Then knew cycle would start over and follow with a massive altseason bigger than anything ever. Don't get excited just yet, it not happen until 2033 or later.
Also according to this chart, dominace can go a bit higher to 72% before it starts to fall. lets see
That's all I have here, I just wanted to put it out here. If you want more analysis on this I have put out a comprehensive video on my tictik and youtube page.
Remember, this is not financial advice.
Kind regards,
Demetrios
So far... I think so. Chart pattern wise anyway.
So, according to the DXY, if the Dominance follows this pattern we should be in the biggest altseason to date. But it could be the last one for a while as there could be a 90% to 95% flush out of alts coming.
This would crush all altcoin belief and get rid of all the shit coins. Lets be honest at this point it's needed to flush out all this garbage, it's too much.
Then knew cycle would start over and follow with a massive altseason bigger than anything ever. Don't get excited just yet, it not happen until 2033 or later.
Also according to this chart, dominace can go a bit higher to 72% before it starts to fall. lets see
That's all I have here, I just wanted to put it out here. If you want more analysis on this I have put out a comprehensive video on my tictik and youtube page.
Remember, this is not financial advice.
Kind regards,
Demetrios
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I'm Bullish
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Please follow me on more socials for further analysis
Video analysis tiktok.com/@wearesat0sh1
Video analysis youtube.com/channel/UCReEfN4Czp4az1MvpkL47TQ
Video analysis tiktok.com/@wearesat0sh1
Video analysis youtube.com/channel/UCReEfN4Czp4az1MvpkL47TQ
การนำเสนอที่เกี่ยวข้อง
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน