Here I look at some interesting charts of Bitcoin, total marketcap and marketcap excluding bitcoin. In Bitcoin and TMC the price points have all recently found solid support at the 100 day moving average, hugging this line for up to 6 days. The fib retracements have also played a key role in support and resistance. Bitcoin dominance is at the key 786 fib. A break above market dominance could run to 64%
Really pleased with this technical analysis and opinion video. This is not financial advice! I am not a financial adviser!
Here I look at some interesting charts of Bitcoin, total marketcap and marketcap excluding bitcoin. In Bitcoin and TMC the price points have all recently found solid support at the 100 day moving average, hugging this line for up to 6 days. The fib retracements have also played a key role in support and resistance. Bitcoin dominance is at the key 786 fib. A break above market dominance could run to 64% and a retest of the August highs of 12.5k.