Recharging Dominance again, scalping is the game

Recharging Dominance again, scalping is the game

By toofasteddie | The cryptorunner | 8 Jul 2021


Truth be told, we cannot expect the market to continue its uptrend if it is not led by BITCOIN first. And it doesn't seem like BTC is working on it ...
And, to this day, BITCOIN has a rather mediocre dominance compared to what it had a year ago, just before the confirmation of the uptrend.
One more week has passed at the ping-pong table, reaching 48% dominance BITCOIN has fed the other altcoins for a few days, it seems that today it is time to sell them and recover the BITCOINS used for a while.
There does not seem to be an influx of FIAT towards the crypto market either, so the market cap continues to fluctuate between 1.3 and 1.45 trillion.
The good news is that everything seems to point to a stabilization of the market, a consolidation. It is as if 1.3 Trillion were the 200 Billion that we saw a few months ago as market ground.
It is going to be difficult for us to get out of this infinite loop, which is why I am going to keep scalping and accumulating more and more, there is not much else to do apart from having good long entries below 27K.

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toofasteddie
toofasteddie

Dad, Engineer, Runner and Crypto-trader


The cryptorunner
The cryptorunner

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