Altcoin Piooners | Bitcoin Dominance Daily Analysis Day1
Market Cap BTC Dominance, % CRYPTOCAP:BTC.D
BTC.D
Altcoin Piooners | Bitcoin Dominance Daily Analysis Day1
👋 Welcome to Altcoin Piooners Group TRADING ™!
Let’s analyze Bitcoin Dominance. Let’s explore the reason behind it and what Bitcoin’s Dominance next move might be.
It features a rising wedge pattern 🔼, marked with green lines ✅, indicating a potential reversal 📉.
The dominance rose initially ⬆️, forming higher highs and higher lows, within the wedge.
A target 🎯 is indicated around 57.62% 📊, suggesting a possible downward breakout ⬇️.
The current dominance is near 58.47% 📍.
source https://www.tradingview.com/chart/BTC.D/TvnTybRL-Altcoin-Piooners-Bitcoin-Dominance-Daily-Analysis-Day1/
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