Web3Quant #5

Weekly Update  - 13 June 2022

The Model is still sitting on 100% cash and is bullish on Bitcoin Dominance.
NO NEW signals have been generated.

Sometimes the best action is to not take any action

It's been brutal the last few days with the entire market moving sharply lower. I have been warning since last few weeks here and on Twitter too @web3Quant that there could be carnage in alts over and above what's happened thus far. The model has been right thus far sitting on cash avoiding this entire down-move. BTC dominance has been on the rise and evidence suggests that it still has more room to run up.

Below are the updated signals/chart of top cryptos.

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