@intothecryptoverse
YouTube
Avg. Quality
70
Success Rate
32.64
Analysis
193
Correct
63
Fail
113
Pending
17
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Pending
BTC.D
Long Entry
58.3228
2025-05-17
16:21 UTC
Target
70.0000
Fail
53.0000
Risk/Reward
1 : 2
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The analysis focuses on Bitcoin's dominance and the altcoin market's behavior relative to Bitcoin, especially after the FOMC meeting, stating that Bitcoin dominance often experiences short-term trend changes after these meetings.The analysis reviews the historical movements and trends of Bitcoin dominance, and mentions that after an ETH/BTC move a drop in BTC dominance is expected. The expert talks about the potential pullback coinciding with a larger drop in altcoins relative to Bitcoin. Bitcoin and ETH are the focus of the analysis with support, bull market supports, and resistance bands highlighted, for many of the altcoins Bitcoin and Etherum show bearish potential to 2023 lows as well. The expert is also bearish on altcoins.
