BTC Dominance Resistance
The over extended RSI combined with the parallel channel resistance suggest BTC dominance would likely turn to the downside as it has done in the past. I estimated the downturn to be 7 - 12% at least but its done more damage in the past declines. I also think there is a possibility that BTC dominance could surge with a BTC price surge...
It is worth noting the action of BTC.D at the times leading up to Bitcoin ATH.
It is NOT as one would expect, where the Dominance would be Topping out as an ATH is reached.
It is the opposite. The PA of BTC.D Drops sharply
And as more "Alts" coins come into the space, the dominance of Bitcoin WILL drop, as can be seen on the chart also.
The Green box Bitcoin has...
Hello, community members welcome to this USDT.D 2hr chart update by Domino crypto.
Don’t forget to hit the like button if you find this update helpful because this motivates me to bring this kind of update regularly.
Now, Let's get to the chart,
As we can seat the above-mentioned chart currently USDT DOMINANCE is trading inside the triangle pattern
And broke...
