If we consider Alts Market Dominance we still need to push more than this to be excited. Sooner or later Alts will start a consistent Bull Run like BTC is doing but meanwhile we need more Bullish price action than what we saw. What I want to highlight is the fact that Alts Mkt. Dominance tested the Weekly 21 SMA and dipped to the 9SMA. If Alts remain above the 9 Week SMA and even push above the 21 Week SMA everything may start moving much faster but until it happens they can keep lagging.

Weekly Alts Market Dominance
Categories: Analysis