BTC dominance update 👆

What I see here is BTC dominance is reaching the next strong resistance area (around 69-70%)

I don't see Dominance will breakout this level
what I believe is dominance will drop from here, also BTC will take a chill pill for a while
and we will see a good alt season

Yes, Dominance will drop I strongly feel that
Yes, Once dominance drops ALTS will spike

#ALTSzN within a week or two

#POLY has a very active Dev. Team behind
and few days back they Already Released Polymath Core v2.0 on MainNET

Buy fast poly

750 Satoshi Target is Next for #POLY

#POLY Already TOP Gainer
More FOMO is About To Come
Wait for That FOMO

That's why btc is pumping 👆

If you want to see that entire video of Treasury Secretary Steve Mnuchin

here it is:


https://www.youtube.com/watch?v=zAICzg8ir50

Looks like Mr. donald trump bought the dip 😅
Now pumping

The Bitcoin Price Surged Because Mnuchin Made This Crucial Remark


https://www.ccn.com/news/steven-mnuchin-bitcoin-price/2019/07/15/

Goodbye bears 😝

Now I will say that I'm not gonna take entry in alts
Unless or until btc dominance drops from these current levels

what I assume is BTC may see good moves upto 11.5K or 12K
due to this current market sentiment

As The US Treasury Secretary Steven Mnuchin says bullish things on bitcoin

Mr. Trump dumped bitcoin
Mr. Mnuchin pumped bitcoin


I'm currently trading on bitmex probably around 1-2 trades on daily basis
playing with only less than 5% of my capital

I will post some of my bitmex trades here
It's up to you whether you want to trade on bitmex or not

Bitmex trades are risky
But on the other hand,
it's very much profitable if you do correctly and follow money management 👍

BTC hit this level 👆
currently exactly at above this support

We hold then we again retest 10.7k - 11k
we break then $8800 seems quite possible

BTC dominance is the main thing I'm still looking at

it still bothers me to take entry into alts
bcoz you see this trend line support

YES, I would just simply wait to see whether Dominance jumps from this support or break down happens

Jump = ALTS will bleed
Breakdown = ALTS will go green

@TecnicalCrypto

Whilst, ALTS market cap is testing very strong support as you can see in this above picture 👆

That the reason why you can see for the last day or 2 few ALTS started rising

as BTC dominance dropped by 2% or so

but IMO 2% is not enough

my suggestion is

just keep eyes on alts volume/ alts marketcap
(if you don't know how to check then I will keep my channel members updated, no worries)

and I will watch out this BTC dominance (Tradingview calculated)
only if it drops below 65-66% I will start accumulating alts



Don't worry about alt season
every now and then alts will show green bulls also red bears

@TecnicalCrypto

Wtf btc just did within a single 30 minute candle

Completely ruining the alts
They were just started 🥺

Breaking: U.S. Regulator Investigating Crypto Exchange BitMEX — Report


🔹 Source: | CoinTelegraph |
🔸 Follow: @CryptoBroadcastDaily


🔹 News Link: https://bit.ly/2JILwCZ