Altamash shirazi

🚩Be extra careful in the next few days regarding altcoins. People calling out for altseason while #Bitcoin dominance broke out today above huge two year resistance once again. Two weeks ago BTC D broke out but dumped afterwards below resistance, turned out to be a fakeout and helped altcoins to pump heavily. Weekly candle is closing strong and above resistance. This should be the first warn sign. You know what happens when resistance is being tested from time to time. So what does it mean ? If the dominance that rose today continues to pump, and BTC decides to dump. You can prepare for an altcoin season in other way, a massacre like rarely seen before. Such dumps will result in easy -20% for alts in one day, and this will continue as long dominance keeps rising and BTC dumping. Best case scenario for the whole market would be that the dominance breakout turns out to be a fakeout, and Bitcoin pumps. That would take us to a new altcoin rallye. Summary: Dominance pump + BTC pump = Altcoin dump Dominance pump + BTC dump = Altcoin massacre Dominance dump + BTC pump = Altcoin rallye