BTC Dominance may be at a top...
Not easy to predict a top/bottom but we do it anyway :)
I see a confluence of resistances at current level so context seems good/valid for a top here and we could project a measured move down to the 56% area. Still waiting for a nice topping pattern at the LTFs so this is by no means confirmed yet (obviously).
Bottom line, I think we're near or at a top so let's see how this goes.
Daily chart is showing a potential lower high forming
I see a confluence of resistances at current level so context seems good/valid for a top here and we could project a measured move down to the 56% area. Still waiting for a nice topping pattern at the LTFs so this is by no means confirmed yet (obviously).
Bottom line, I think we're near or at a top so let's see how this goes.
Daily chart is showing a potential lower high forming
Comment:
Betting against the freight train BTC is verified low probability right now.
Comment:
Looks like this is still in play actually.
