Quote from: knuckey on September 23, 2019, 05:21:27 AM

Quote from: GreatArkansas on September 23, 2019, 04:34:46 AM

This is my analysis for daily time frame, with a little zoom in.
For the previous month, multiple horizontal support of XLM/BTC continue to break below. Especially when the Bitcoin Dominance pump so hard, then most of the alts are suffering, especially this Stellar.
As long as the Bitcoin Dominance will continue to soar up high, alts will still suffer, already proven since the start of year 2019.

I agree with you, the current dominance of Bitcoin continues to make it difficult for alt to move and this makes many people worry about its alts assets. We know that there are many new strategies, updates, innovations or partnerships that many developers have done in their alts, but that doesn't have a good impact and affects the dominance of Bitcoin.

yes, healthy dominance is around 60%... not 70%... but we will see, BTC soon will have biggest moves too, its preparation for something big and I think Long not short.