Bitcoin - Market Dominance at 8yr Resistance
Bitcoin currently stuck under the 8 year diagonal resistance extending from 2016, and a local horizontal resistance around 54%.
Could get spicy over the coming days and weeks depending on what happens next.
~If Bitcoin climbs over 55% that would invalidate a nearly 8 year trend, bullish for BTC
~If it proper rejects here (<52%), we get an alt season
Could get spicy over the coming days and weeks depending on what happens next.
~If Bitcoin climbs over 55% that would invalidate a nearly 8 year trend, bullish for BTC
~If it proper rejects here (<52%), we get an alt season