What I see you guys hoping for the most right now is when the DOM chart for $BTC will turn around!
From a technical standpoint, the current range of 6x is entering a zone where a reversal might occur, but how precise that will be cannot be known exactly.
The way to buy and hold right now, besides relying on the overall market factors, is for you guys to divide according to the gradually increasing variable of DOM.
The points I expect the DOM to turn around and decrease sharply at each point will be as follows:
- Point 62-64 about 70%
- Point around 64-66 about 50%
- Point >66 up to 68-70 about 30%
In a good scenario, $BTC rises and pulls the DOM market share up => Strong increase, the uptrend after $BTC increases will reach Altcoin
In a bad scenario, $BTC drops due to FUD and the Altcoin market share completely shifts to DOM for shelter => Altcoin will crash hard, reset game
What do you think will happen in the near future?
No matter what scenario occurs, be prepared with a plan for yourself, don't get stuck in a passive situation.
