BTC.D continue bearish trend to 41% and lower Short

Market Cap BTC Dominance, %CRYPTOCAP

Description

⋅ Jul 25, 2022 4:17 PM

#BTCD
Bitcoin Dominance
Dominance broke down from ascending support that is the same with support zone and confirmed them as resistance.

so now can continue its down trend to support zone around 41% and lower.

as it is a weekly time frame, so BTC price (based on this view) can continue its bullish move to 27K and 29K in next weeks.

Comments

averkie_skila

⋅ Jul 26, 2022 9:39 AM

41 but not lower..]

Solldy

⋅ Jul 25, 2022 5:39 PM

Yes, I absolutely agree with your idea of this chart. The set of arguments is different, but I completely agree with your opinion)

parissap

⋅ Jul 26, 2022 3:03 AM

@Solldy, thanks dude

YMGroup

⋅ Jul 27, 2022 6:43 PM

Nice bitcoin dominance explanation mate, I'm learning from you

parissap

⋅ Jul 28, 2022 3:18 AM

@YMGroup, thanks a lot mate, happy to be helpful

JoeChampion

⋅ Jul 25, 2022 8:10 PM

Nice one!

parissap

⋅ Jul 26, 2022 3:03 AM

@JoeChampion, thank you buddy

ArmanShabanTrading

⋅ Jul 25, 2022 5:02 PM

This is great

parissap

⋅ Jul 26, 2022 3:04 AM

@ArmanShabanTrading, thanks Armani

Saif_R

⋅ Jul 25, 2022 4:42 PM

Nice point