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alipwns2010
Apr 12, 2024 5:41 PM

I would watch this weekly BTC Dominance chart carefully Short

Market Cap BTC Dominance, %CRYPTOCAP

Description

Clear potential breakout above long term resistance trendline for BTC dominance. Now there is always the potential for a fakeout and then break below which could lead to alts increasing, but this is something to watch closely for the time being.

Comment

Now it has broken out and retested trendline as support. Potential coil for next move up, otherwise breakdown of trendline signals a buying opportunity for alts.
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