whenever coin is about to be delisted... it's starts pumping and then people starts to sell it off causing it to dump.... If you have had followed the recent patterns of delisted.
As previously said that once btc breaks the resistance Altcoins will pump... Since on a daily candle Btc has maintained a stable position ... The probability of Altcoins dumping is low... Beware of shorts.
BTC dominance .... never saw these kinds of weekly pumps. As long as it continues to pump, Altcoins will bleed. #Btc is still in dangerous zone. Unless it crosses the resistance, Altcoins will bleed.
Lesson number 69- it's not always the BTC dominance that decides the Altcoin market. people believe that BTC dominance will soon dumb and they will see huge Altcoin movement because people will sell their btc and put it into Altcoins. if you look at today's BTc dominance chart, it has barely moved but still Altcoins pumped.
The scary thing about this is that, the Btc is still in its high zone but Altcoins are already making their all time low. imagine what would happen if btc fell to 40k range ...
#btc currently it broke its trendline after getting rejection from a major High. it retested the yellow resistance and bounced back from that position . in my opinion weekly it looks bullish. Monthly it looks bearish. It will continue to go till it's lowest resistance (marked in the chart).... it is the best buying place. what's most surprising is the fall of Altcoins. The only reason is that the investors doesn't believe in those projects for a long time. That's why they took the profit and exits the market .