1/4 The 200 week MA has always been the market bottom & the indicator of the long term #bitcoin
trend.
We apply the same 200 week MA to the bitcoin dominance and we see the macrotrend from inception has been down – typical of a maturing market.
bitcoin dominance
= altcoins

We apply the same 200 week MA to the bitcoin dominance and we see the macrotrend from inception has been down – typical of a maturing market.
bitcoin dominance


2/4 It appears to be a time of high fear in #altcoins and high euphoria in #bitcoin
– all while many alts are showing bullish divergences & bitcoin dominance starting to show bearish divergence.
Every Bullrun BTC Dominance forms a new ATL and never recovers the all time high.

Every Bullrun BTC Dominance forms a new ATL and never recovers the all time high.
3/4 In 2017, a $1bil mktcap was a top 40 white paper, and $120 mill to be top 200.
BTC & USD coins provide the liquidity for altcoins to pump – the mktcap of BTC is higher than in 2017 & USD coins market cap has 40x.
More powder in the powder keg, bigger explosion
BTC & USD coins provide the liquidity for altcoins to pump – the mktcap of BTC is higher than in 2017 & USD coins market cap has 40x.
More powder in the powder keg, bigger explosion

