BTC.D Update
Market Cap BTC Dominance, % CRYPTOCAP:BTC.D
BTC.D continues to move within a local downtrend.
I expect dominance to keep flowing out of Bitcoin and into altcoins — which could fuel a solid altcoin rally.
My local target for BTC dominance is 58.5%, while the broader downside targets, if market conditions remain unchanged, are 57% and 55%.
The invalidation of this scenario would be a breakout above last week’s high at 59.59%.
source https://www.tradingview.com/chart/BTC.D/qnsrqblP-BTC-D-Update/
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