#BTC dominance is on its way to print the 9th consecutive green weekly candle, no wonder #altcoins are still struggling.
However... we started seeing a couple of select altcoins doing quite well. It might be too early to draw a conclusion, but let's see what happens next.
We’ve just witnessed the 4th $DXY death cross of this cycle, and we can see that it tends to happen around bottoms, but what is more interesting is the following:
Based on previous data, on average, #Bitcoin is casually doing an 80% move afterward. 📈
The RSI is attempting a break-out on the weekly chart for #BTC , and so far this cycle, whenever it successfully happened, $BTC had a nice move afterward.
I think we all deserve a couple of green candles, so let's see if this is the time we're getting them. ⏳
Image1 -> This was the end of 2017. Image2 -> Look at start of 2017 and now. Same.
QT-QE - rate cuts - stimulus - bananas.
But see the pullbacks on the way up they are intense. Be prepared. Hold spot and dont stress - dont sell the pull backs. Accumulate. Play the strategy. Move to self custody.