#BTC DOMINANCE ANALYSIS


#Bitcoin Dominance is consolidating within a descending triangle #pattern and facing rejection from the pattern’s resistance trendline. We need to wait for a decisive breakout above resistance or a breakdown below support to confirm the next directional move. Keep a close eye on the upcoming price action for confirmation. It’s important to note that $BTC Dominance often shares an inverse relationship with the #altcoin market cap. #crypto
BTC-1.54%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin