Ladies and gentlemen, good morning.
Do you still have hopes that this month the Bullrun begins? These three indicators will reveal a painful reality.
BTC on the monthly chart marks a third consecutive month downward according to the amazing oscillator.
Bitcoin's dominance adds another month with an upward momentum, at 64%. This leads me to assume that the alt season will not begin until the end of the year. For that to happen, it must drop from more than 80% or perhaps even 100%. Let’s also remember the threat of quantum computing that is getting closer every day.
USDT dominance adds another green candle on the monthly with an ADX that could turn around next month to drive the asset's rise and create opportunities for all cryptocurrencies to take positions at very low prices.
The crypto brothers trust fundamental analysis. I trust the reality provided by technical analysis.