CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %

After bouncing from the support area at around 42.2%, BTC.D reached the 5mins supply zone at 42.8% where it got perfectly rejected as expected and filled the imbalance on the way up. It is currently diving down heading towards the S/R flip at 42.46%. If it breaks below 42.1% then we would expect it to test the major demand zone at 41.7% where we should see a reversal and we would aim towards the 2h supply at 43.8% as a first target.


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