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Bitcoin dominance just broke out of a multi-month triangle.
Not good for altcoins.
Altcoin dominance 2M MACD bullish cross is very close
Last one happened in 2021, which led to a correction and then a massive rally
USDT dominance is almost at its trendline resistance
I'm expecting a rejection in a week or two, which will mark the bottom in crypto
Bitcoin dominance is now at its complacency phase
Most people are thinking dominance will go up even more and alts will suffer
I'm betting on the exact opposite in the long run
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USDT dominance short term uptrend is over
A crash is coming next which will send BTC and alts higher
$SOL dominance is on the verge of a reversal now
IMO, most of the downside is now in
ETH dominance has broken out of its 2 month downtrend
At the same time, daily MACD has crossed bullish
This means $ETH will likely outperform BTC from here and it's bullish for alts too
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USDT dominance is about to tap its weekly resistance zone
If you have been sidelined, now is a good time to accumulate
BTC dominance is getting rejected from its resistance trendline again
This is good for alts
Casual dominance
Grabbing you by the hand and leading you wherever we are going. Always putting my hand on your thigh while I’m driving. Pulling your leg over my leg when we are sitting next to each other. Anytime I pass by you kissing you on the forehead.
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