$BTC Dominance, Historic Chart
Timeframe: 1D
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BTC Market Dominance currently ranging at around 46.40%, dropping below the breakout point of our previous mid term ascending triangle. Dominance has also broken below its 21 and 55 Daily EMAs, and shows no signs of heading above them anytime soon. This is one of the strongest signs we’ve been looking for and a confirmation of our next move:
Our next BTC Dominance move will likely be a drop down to our long term 43.75% Fib. key level, which if reached, will have taken ETH and all our VIP alts up to new monthly highs in a mid term alt-season that could easily make us 30-40%.
BTC could either remain stable or gain a fraction of what the alt market is expected to gain when this happens, so we’ll give the signal to enter new positions.
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Yours truly,
Fed. Russian Insiders
