Like Ben, I’m a statistician by trade. There’s Lies, damn lies, and statistics.
Bitcoin dominance has done something not seen since May 2020. It has entered the Gaussian channel. It was the same condition that allowed the publication of the idea below for a dominance surge to 70% (now closed).
What has confirmed? Broken market structure. Is that simple.
Support and resistance must receive your full attention when betting on markets. So many folks ignore simple facts of the chart, betting before confirmation. I’m surprised this escaped Ben’s attention. But in fairness, I’m spending a lot of time on charts and not so much on video content!
Why 11 day? Pro tip: the market chooses the timeframe, not you. Always choose a timeframe that matches pivots in the market with what tools you’re using.
