/biz/ - Business & Finance

>>13296611
alts have actual grass roots support
BTC is nothing but whale action
long term BTC is going down under and around 20% dominance

>>13296611

Unironically bullish for BTC if dominance drops.

>>13296620
why should this be bullish for btc ?

>>13296639
because the retards think like this
buy around 40%
sell around 50%

>>13296620
bullshit, when btc dominance goes down the bullrun is that much further away. there is not enough liquidity going into crypto for 2000 shitcoins so until alts rise with or over btc there will be no bull run. this has been said a thousand times. the purge is coming red wojacks are coming and when people get burned by alts like never before and finally vow to hold onto their btc that's when the bull begins.

>>13296677
the purge will wipe out the BTC cucks, because you have no support only moon hopes

>>13296677
Liquidity will come to alts when whales buy them and get people to FOMO, which no different than what's happening with BTC.

>>13296677

Literally opposite thing happened last bullrun....

Literally any TA fag can tell you wen btc brakes 50% dominance bull is starting

What are you on?

>>13296702
you what that means right
even the bull run happened because of alts not because of btc

>>13296712

Ofc...

But hes right in 1 thing liquidity for bullrun must be built trough btc

Anyway op si not far from it but don't think its mater of hours/days...maybe weeks/mounths...

>>13296732
not possible, if the liquidity is spread out btc price wavers and the bullrun is aborted like it has been many times. basically a lot of people got it in their head that in a bullrun alts outperform btc. but every time btc makes a move the rule is the majority of the people in crypto gets fucked. so that is why i'm saying we will only have false breakouts where alts get absolutely rekt people buying the top and selling the bottom until they swear they wont touch alts again. and then btc will be able to turn bullish.

>>13296702
>Literally opposite thing happened last bullrun
my point exactly. the market is a non zero sum game, meaning the traders altogether will suffer a net loss a minority will win most will lose only the exchange and the bank makes money consistently.

>>13296749

Open charts of last bullrun and prove yourself wrong..tnx

I'm not saying bullrun is coming just how it must play out once it comes

If you don't get it why during bullrun btc must lose dominance i dunno what to say to you fren....

>>13296754

>the market is a non zero sum game, meaning the traders altogether will suffer a net loss a minority will win most will lose only

You play game only if you trade fren...
Those who got in early enough and hold or ones who dca since crash can only win its acually so easy....

>>13296677
not happening before the dotcom bubble of crypto so 2022+

>>13296611
Or alt will dump more than BTC

Wtf, I never looked at a chart with bitcoin dominance, I am not even sure it makes sense to apply TA to this sort of thing, but holy shit BTC looks dead.

>>13297898
TA doesn't make sense, the metric doesn't even make sense, because BTC Dominance is at the mercy of premined wash traded shitcoins.

>TFW crypto.com coin makes BTC Dominance go down 0.1%

>>13296611
link for chart? Or how do I view this chart in Tradingview?

>>13297005
>Those who got in early enough and hold or ones who dca since crash can only win its acually so easy....
those who hold don't influence the price action nigga.

>>13296611
based

>>13297005
>If you don't get it why during bullrun btc must lose dominance i dunno what to say to you fren....
again, there will be no bullrun if btc loses dominance everything will fall tho shit early. again and again and again. if you can't understand this simple thing i can't help you. also market cap of other coins is a bit of a mirage. if i make 500 trillion of a new crypto and sell 1 coin for $1 then i magically beat btc? fucking retards.

>>13297920
>>13297898
If it doesn't make sense, why is BTC dominance following trendlines and support zones then?

>>13297927
>https://www.tradingview.com/symbols/CRYPTOCAP-BTC.D/

>>13297920

Shit is worth price someone willing to pay for it...even if its premined and got aids

90% of shitcoins don't take like 5% from btc dominance aynway

Top 20-30 do take like 43-44%%...

Also:

https://www.tradingview.com/chart/BTC.D/P3ZuIUmV-BTC-another-positive-fundamental-news/

>>13299071
we in the same boat?

we broke upwards, alts crashing

>>13297898
you can apply ta to everything in this life ;)

>>13299328
Can I TA my bank balance?

>>13299153
Yap

>>13299378
sure but I just completed my TA on your test levels and entered a short position with 100x leverage

>>13299378
Yes clear downtrend

>>13299861

My ties

Anon ahahahaaa

>>13296611
>Alts will pump in a few more hours/days. dont sell now.
>in a few more hours
https://www.youtube.com/watch?v=Eoo4b8ByL60

>10 new Indian ""Dev teams"" create 10 new low-no liquidity shitcoins
>Bitcoin's "dominance" drops a little bit
>"Hurr BTC is over!!"