๐ฐ Bitcoin Dominance at a Critical Point! ๐
๐น Bitcoin Dominance (BTC.D) is now above its 4-month uptrend line.
๐ Bearish scenario: If the daily candle closes below this trendline, we may see a decline in Bitcoin Dominance and altcoins strengthening against BTC.
๐ Bullish scenario: If the trendline holds, there is a possibility that Dominanceโs uptrend will continue.
โ ๏ธ Note: The daily candle close and confirmation of the trendline breakout are very important.
#Binance #Crypto #BTC #BinanceSquare
$BTC
$QNT
$BNB
๐น Bitcoin Dominance (BTC.D) is now above its 4-month uptrend line.
๐ Bearish scenario: If the daily candle closes below this trendline, we may see a decline in Bitcoin Dominance and altcoins strengthening against BTC.
๐ Bullish scenario: If the trendline holds, there is a possibility that Dominanceโs uptrend will continue.
โ ๏ธ Note: The daily candle close and confirmation of the trendline breakout are very important.
#Binance #Crypto #BTC #BinanceSquare
$BTC
$QNT
$BNB
