View of Dom/Btc
- On the 4-hour frame: downtrend
- On the daily frame: approaching the 53xx mark.
- However, BTC is still showing an upward trend.
Analysis: If the large view indicates that Dom will reach 53xx, it will create conditions for altcoins to recover. However, RSI is showing signs of recovery, so some altcoins will have strong rebounds, while others will have weak rebounds. This week, if Dom loses the 53xx mark, altcoins will rebound strongly. After that, we will reassess; if Dom rebounds, there will be further analysis.
- This is a personal opinion. Not investment advice. #dominancebtc