Quote from: dragonvslinux on November 21, 2020, 10:37:12 PM

The big red hammer of resistance appears to be playing it's part. The hammer has been moved up to the top of the wick (yes I know, cheating right?) but the concept remains the same. Dominance is at long-term resistance and is now facing rejection as well as uncertainty. Closing the week tomorrow below the resistance trend-line = very bearish and continuation of the year+ long bear trend, likely seeing dominance fall below 60% again. Here's what I referenced in Bitcoin TA thread regarding market dominance

Dominance of bitcoin climbs and hits resistance and the fractals from the past would be taken into consideration. RSI, Dominance, and fractals combine together and I believe the correction will be massively and there will be blood on the market in next month. Blood days are used to celebrate new year on bitcoin market.

When blood appears on Bitcoin chart it will affect altcoin market and massacre will be seen. Massacre can be terrible with climb to all time high of bitcoin.