$BTC DOMINANCE ANALYSIS
BTC.D has broken out of the symmetrical triangle pattern with significant volume, signaling increasing bullish momentum.
Currently, it is going for retest of the breakout level, while the 100MA is acting as a key support below.
A successful retest and hold could trigger a further upward rally in BTC Dominance. Keep an eye on further price action developments.
It’s important to note that BTC Dominance often shares an inverse relationship with the altcoin market cap.
$BTC
#BTCDominanceRising
BTC.D has broken out of the symmetrical triangle pattern with significant volume, signaling increasing bullish momentum.
Currently, it is going for retest of the breakout level, while the 100MA is acting as a key support below.
A successful retest and hold could trigger a further upward rally in BTC Dominance. Keep an eye on further price action developments.
It’s important to note that BTC Dominance often shares an inverse relationship with the altcoin market cap.
$BTC
#BTCDominanceRising
