BTC Dominance continues to fall vs alts with a lower high as shown in the chart.
BTC is likely to re-test the main support line of the blue pennant if the alt rally continues. We need BTC to pass the 72% level if we are to aim for 80% or more.
The 4h charts shows an inflection point at 69%, if we find support there, BTC will re-test the 72% level, if not, down we go.
Next week should be interesting.
Like and follow!
BTC is likely to re-test the main support line of the blue pennant if the alt rally continues. We need BTC to pass the 72% level if we are to aim for 80% or more.
The 4h charts shows an inflection point at 69%, if we find support there, BTC will re-test the 72% level, if not, down we go.
Next week should be interesting.
Like and follow!
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📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰
🔹 Over 7,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
🔹 Over 7,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
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.