#Btcd $BTC Dominance When we examine it logarithmically, I focus on two scenarios.
🔴
Red had broken its rising trend and now it is retesting and then going down.
🔵
Rising to 57 levels and End. Finish correcting with the diagonal and then go down
#BTCd #BTCDOMİNANS
1) Dominance broke its rising trend, if it stays below the 54 level and moves downwards, there may be movement and rise in #altcoins.
In such a situation, we need to protect our altcoins.
2) The only scary part in my mind is the golden zone (red range) between 57-58. This zone generally acts as a magnet and attracts the price. If this current break remains a fake break, it may rise up to 58 as the last goal.
3) In case of an increase to such a 57-58 region, we will see withdrawals and decreases in altcoins in this process. After the 57-58 level, the recovery may begin and the altcoins may begin to rise.
4) My expectation is that the positive interpretation in Scenario 1 is that the dominance will decrease and altcoins will rise sequentially, but as a plan B, what could happen in a possible bad situation should be kept on the table, so I wanted to share the other scenarios with you.
1) Dominance broke its rising trend, if it stays below the 54 level and moves downwards, there may be movement and rise in #altcoins.
In such a situation, we need to protect our altcoins.
2) The only scary part in my mind is the golden zone (red range) between 57-58. This zone generally acts as a magnet and attracts the price. If this current break remains a fake break, it may rise up to 58 as the last goal.
3) In case of an increase to such a 57-58 region, we will see withdrawals and decreases in altcoins in this process. After the 57-58 level, the recovery may begin and the altcoins may begin to rise.
4) My expectation is that the positive interpretation in Scenario 1 is that the dominance will decrease and altcoins will rise sequentially, but as a plan B, what could happen in a possible bad situation should be kept on the table, so I wanted to share the other scenarios with you.
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