The reason BTC Dominance is likely going to find a low soon (plenty of lows for dominance in September) and start going back up is because there are only 3 outcomes for the price of BTC and all 3 outcomes historically tend to lead to dominance going higher. 1) If BTC bounces off the 20W SMA and heads higher, then BTC leads the bull market and dominance goes up (see what happened in 2017)
- 0 replies
- 0 recasts
- 0 reactions
I’VE BEEN BEATING UP BITCOIN BEARS FOR YOU SINCE 2017!!!!! WE FINALLY GETTING THE RESULTS!!!
- 0 replies
- 0 recasts
- 0 reactions
BTC New High Fakeout: Liquidity Grab Complete, Bearish Technicals Ahead ⚠️ Yesterday, after BTC broke to new highs, there was no strong follow-through; instead, it slowly dipped back below the new high. With the PPI data coming in way above expectations, BTC saw a sharp dump—confirming this was a classic "fake breakout" (Stop Hunt). TL;DR: From a charting perspective, I’ve flipped my mid-term bias from bullish (since 8/3) to bearish.
- 0 replies
- 0 recasts
- 0 reactions