BTC BIG MOVE coming this weekend

Market Cap BTC Dominance, % (CRYPTOCAP:BTC.D)

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CRYPTOCAP:BTC.D Market Cap BTC Dominance, %

trendanalysis chartpattern fundamental btcusd btc cryptocurrency crypto dominancebtc

I think BTC will be making a big(at least 5%) move this weekend/Monday. I'm not exactly sure what direction since BTC has been chopping for the past days and being unpredictable/muddy in general. Looking at this BTC chart you can see that BTC dominance has been steadily grinding up after BTC showed weakness at 19600, since then money has been flowing out of altcoins causing them to retrace most of their previous upmove. This means people are exiting their altcoin positions in anticipation of a big BTC move. Follow me to see my updates on this range. At the moment of writing BTC is at 18980.

Commento:

If I HAD to choose a direction, I would say down purely because BTC showed significant sell volume on the previous dumps.

Idee correlate

about BTCUSD 12

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