Day: October 18, 2019

Alts Soar High as Bitcoin Staggers to Break Resistance

Bitcoin fails to break resistance and is staggering at the $7700 – $8000 mark. Bitcoin’s dominance went down by almost 2.96% in the last 30 days from 69.10% to 66.14% on the 17th of October, 2019. What this reduction in BTC dominance means is that Alts are gobbling it up. A few of the altcoins, and especially privacy coins are indicating a bullish uptrend. Alt season on the horizon? A few of the altcoins are seeing a bearish divergence and trend reversals at the bottom while bitcoin sees a bullish divergence and a trend reversal at the top. When Bitcoin’s