Bitcoin dominance broke down recently from a long-term trend line, potentially signaling that an altcoin season would soon be upon us.However, Bitcoin’s latest surge ahead of its halving has caused BTC dominance to reclaim the trend line, leaving altcoins vulnerable to another devastating leg down.BTC Dominance Reclaims Lost Trend Line, Alts May Be In TroubleLast…
Two separate charts taking a top-down view across the wider crypto market may provide clues as to where the altcoin asset class is headed.Each chart shows that altcoins are at potentially their most critical moment yet, and are facing the most important weekly close yet at the end of this week.Altcoins Start 2020 Strong, But…
Bitcoin dominance has not only broken down from a two-year-long uptrend, but it has also retested the trend line as resistance and failed to reclaim the key level.With trend line support now confirmed as resistance, its likely that Bitcoin dominance could see an extended downtrend in the days, weeks, and months ahead. But what does…
Ever since Bitcoin broke out of the lowest bear market trading range where its yearly lows were set, the crypto asset has skyrocketed, reaching prices not seen since before the bear market began in 2018. Alongside Bitcoin price itself, the crypto asset’s dominance comparative to other assets in the crypto market – altcoins such as…