Bitcoin Dominance Chart August 03 2019 Update

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  • BTC Dominance had a quite of show since early on this month, leaving altcoin behind as it's try to regain it's old glory from 2017 year. Which is at 90%. if BTC dominance could regain above 70% and stay above it for a while. it's not a suprise to see it's former glory for bitcoin dominance is restore in the near future.

  • Conversely, rejected again from 70 % i expect trend line 2 & 3 would be a buffer before it decide which way it would go next.

  • Closer look on btc.d is still on rising. but i expect a minor pullback if the recent trend line (1 & 2 ) being broken.

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Thank you for your time to read this post and please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion, any relation between my posts toward any of your trading decision would be on your own consequence. please feel free to share what your thought on comment section.
peace.

Bitcoin Dominance Chart August 03 2019 Update | Ecency