BTC.D What's Next? Key confirmation for Altcoin movement.
Market Cap BTC Dominance, % CRYPTOCAP:BTC.D
BTC.D
BTC Dominance is now sitting right below a major resistance at 60% – 60.30%. This area has already rejected price multiple times, so this is a decision zone. As long as BTC.D stays below 60%, dominance is vulnerable to a pullback toward 59.44% – 59.15%, which would give more room for altcoins to breathe.
If BTC.D manages to break and hold above 60.30%, then dominance expansion continues and altcoins will likely stay under pressure. Until that breakout happens, this move is still just a test of resistance, not confirmation.
Bias stays neutral here. Let the level decide.
source https://www.tradingview.com/chart/BTC.D/0Gghjf8C-BTC-D-What-s-Next-Key-confirmation-for-Altcoin-movement/
No comments:
Post a Comment