2d • General discussion
BTC DOMINANCE
#BTC DOMINANCE ANALYSIS
BTC.D has broken out of the symmetrical triangle pattern and successfully retested the breakout level.
Currently, it is trading below the 50MA, which is acting as a resistance barrier.
A decisive breakout above the 50MA could trigger further upside in BTC.D.
It’s important to note that BTC Dominance often shares an inverse relationship with the altcoin market cap.
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BTC DOMINANCE
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