Daimonik

Bitcoin Dominance on a descending broadening wedge!

CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %

Bitcoin is currently on a descending broadening wedge signifying that there's a huge ALT coin season coming soon over the horizon, possibly early December.

Although currently Bitcoin's dominance is rising to the top of the descending wedge (because of investors selling the altcoin positions into bitcoin) we expect that it will be rejected at the top of the wedge, coming down to retest the support at the bottom of the edge. The month of NOVEMBER WILL BE A BITCOIN MONTH but DECEMBRE WILL BE A ALT-COIN MONTH FOR SURE.


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