đ BTC DOMINANCE BREAKOUT ALERT đš
BTC Dominance (BTC.D) is attempting a bullish breakout from a long-term symmetrical triangle! đ„
đ Current BTC.D: 60.67%
đș BULLISH SCENARIO
If BTC.D holds above the broken trendline and breaks 61.1%, we could see a move toward:
đŻ 61.5%
đŻ 62.0%
đŻ 62.5â62.7%
This scenario would favor Bitcoin over most altcoins in the short term. â ïž
đ» BEARISH SCENARIO
If BTC.D loses the 60.0% area and fails to reclaim it, we could see a pullback toward:
đŻ 59.5%
đŻ 58.5â58.7%
That could create opportunities for an altcoin relief rally. đ
BTC Dominance (BTC.D) is attempting a bullish breakout from a long-term symmetrical triangle! đ„
đ Current BTC.D: 60.67%
đș BULLISH SCENARIO
If BTC.D holds above the broken trendline and breaks 61.1%, we could see a move toward:
đŻ 61.5%
đŻ 62.0%
đŻ 62.5â62.7%
This scenario would favor Bitcoin over most altcoins in the short term. â ïž
đ» BEARISH SCENARIO
If BTC.D loses the 60.0% area and fails to reclaim it, we could see a pullback toward:
đŻ 59.5%
đŻ 58.5â58.7%
That could create opportunities for an altcoin relief rally. đ