#BTC☀ #Dominans #chart :
#1Day $BTCDOM
We have two plans for
#BTC Dominance, which are shown in this chart.
So the latest people have joined us by now.
The movement of BTC Dominance has an impact on Altcoins, that is, other coins including Eth that are not BTC.
Here, while there is a BTC Up Movement, it is better to go with Plan A, as Altcoins will not have a big dump.
But if BTC starts to dump when Plan A is run, there is a possibility that Altcoins may be shorted a little faster or dumped.
If BTC is up when Plan B is run, there is a possibility that Altcoins may be bought again a little faster.
So let's see what happens.
However, generally speaking, when taken from the Weekly Time Frame, BTC Dominance is in a big sell-off, meaning that when BTC Dominance falls like this, either BTC Sideways or BTC starts to gradually rise, it becomes a Bullish thing to buy Altcoins.
I think you understand this Analysis now.