Up to 70 or even 71% -- more pains for altcoins ahead in the short term?
Waiting for Death Cross indicators to trigger before a minor alt-season can happen.
Waiting for Death Cross indicators to trigger before a minor alt-season can happen.
Nota
Updated analysis: Once the cyan blue-line crosses above the 4 hourly candles, good time to start buying Altcoins again.Nota
Failed next-move analysis (i.e. point #1) lolBut still, BTC.D does looks like it wants to go higher a bit more from where it is at now, until 50/15DMA death cross or even 200/50DMA death cross kicks in at the lower time frame to signal possible turnaround for a minor alt-season.
Alternatively, it does look more and more possible that it will just go sideways for awhile now, before continuing higher above 70% when BTC resumes its pump.
See:

For BTC.D charts, in the recent past, the candles going higher than the top blue FSBGB level just below thick grey one, tends to get reject and falls violently lower. See >>

Here's the link to my FSBGB (Fine-Structured Bifrost Guide Bands) Indicator: tradingview.com/v/lx6T28KT/
For the longer term trend (relying on what most BTC-OG analysts are saying -- basing on trends from past cycle(s)) BTC.D may have more to rise, leaving altcoins behind, until or after BTC reaching its next ATH.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.