Cryptorphic

#BTC Dominance Decisive time coming by 31st March, Here's why!

Long
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, % (CALCULATED BY TRADINGVIEW)
Welcome to this brief Analysis of Bitcoin Dominance.

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Let's get to the chart!
Bitcoin Dominance is getting rejected at the local resistance but does not take it as a confirmation for a possible alt season.
ALTS are still bearish IMHO. We can buy way cheaper but later. It pumped almost 4.18% since my last post and I expect more growth in Dominance for the next few weeks. Possibly till the end of this month.
When it hits the resistance, that will be the actual time to know whether the index will break or get rejected.
Currently, it's almost reaching the resistance better wait for the right time.
If you follow me you already saved a lot of your funds which was possibly stuck in many altcoins.

INVALIDATION: A daily close followed by a confirmation candle below the 21DMA and 50DMA will invalidate this chart.

What do you think?
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Thank you

#PEACE
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