AlanSantana

Bitcoin Dominance Ascending Channel

Long
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
The Bitcoin Dominance Index (BTC.D) chart is trading within an ascending channel.

It feels strange, this chart.

Putting together all the data we've been collecting in the past few months, I can't make anypredictions here but, we can focus on reading the chart.

> The ascending channel is bullish.
> The fact that BTC.D is trading above MA200 is also bullish.
> We have higher highs since January 2022.

Bitcoin Dominance can easily grow here based on the chart technicals.

Namaste.

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