After the recent correction, BTC dominance is bouncing from the support zone at 59.64%. It looks like BTC dominance will likely retest the nearest resistance zone before any further downside.
If BTC.D breaks above this resistance, we could see more pressure on altcoins.
However, a rejection from this resistance zone could signal some relief for altcoins, giving them a chance to recover.
#PEACE
THANKS for the Read
If BTC.D breaks above this resistance, we could see more pressure on altcoins.
However, a rejection from this resistance zone could signal some relief for altcoins, giving them a chance to recover.
#PEACE
THANKS for the Read
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.