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First, we'll take a look at the #Bitcoin Dominance chart.
The #BTC.D is a metric that measures Bitcoin's market share compared to other cryptocurrencies.
If BTC.D is high, it suggests that Bitcoin is dominating the market & investors may be focusing on it more than alts.
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Apr 16, 2023 • 8 tweets • 2 min read
A little over 2 years ago, I was in several Telegram groups scouting for low cap #altcoin gems.
I began sharing my analysis for some alts with the communities, which ended up being largely successful.
Their positive feedback led me to create this account.
Thread 🧵
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A community is key for unlocking your potential.
Not only is the exchange of ideas crucial, but more so is discovering the value that you could provide for a space.
If it wasn't for that, I'd probably be doing my own thing, in private.
But getting rich alone isn't fun.
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Oct 19, 2022 • 4 tweets • 2 min read
For the first time since April 2019, #Bitcoin has formed a tight squeeze on the weekly.
This has materialized a total of 3 times in the past 7 years. Chart below shows the magnitude of volatility that follows after a squeeze of this kind.
#BTC is on the verge of a trend shift.
To address the question "which direction".
The risk is still mostly to the down side, meaning that I personally don't see Bitcoin establishing grounds for a bull market without breaking current support first.
