Here's a quick look at BTC Dominance daily chart. As we can see, the dominance is at the bottom of the bigger broadening wedge and we might see a bounce here. A Bounce in dominance can indicate a bigger move to the upside for BTC, or a dump where the alts fall at a higher rate.
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Maybe it will go straight to 37% like in early 2018. I hope so anyway, most of my alts are still far from their ATH...
OneAndOnlyAdam
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I can't get it .. where could alts go if the season start? 2x, 5x, 10x or how much? Many of them have already done 10+x .. can anyone help here?
MBM_Crypto
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@OneAndOnly2021 the small caps will do 5-10x easy :)
Funfunction1
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@OneAndOnly2021, btc went from 3500 dollar to 60.000 in 14 months, imagine 20% of that profit flowing to alts....
Danger1808
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It will be broken 🙃 altseason soon ... everytime Btc tops, alts will start their rally;)
Mikanoshi
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@Danger1808, are you sure BTC topped? :) I don't think so. Whales will drive price down until enough short orders with huge leverage are created and then will pump it again.
Danger1808
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@Mikanoshi, it might short term ... maybe it will go one month to the side and after it might to go higher again :) and I definitely agree with u ;)
Oacen
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if btc go to 40k it wont pull all alt coins down?
bullibrahim
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@oacen13 surely. with greater loss. unless it doge coin. lol