We’re once again at a make or break point in the market.
Bitcoin dominance has touched the trend line after many days. At the same time, the Fear and Greed Index is showing 73, which means the market is in a greedy mood.
If Bitcoin dominance bounces back in the next one or two days, we could see a correction. That means prices might drop and altcoins could take a hit.
But if Bitcoin dominance breaks below the trend line to the green box, get ready for a big move. Altcoins can grow 2x to 3x very quickly.
This is not the time to rush or panic. Just stay calm and watch closely.
Be smart. Be patient. Be a hunter — not easy prey for the market.
