Is #Bitcoin Dominance falling down?

#Bitcoin Dominance 1W chart;

I would like to start by telling you that I have some good news

As I mentioned in the previous chart, 58.25% and then the OB resistance level of 62% are important.

I think it will have much more positive effects if it reaches 62% because it will weaken the resistance at this level.

This is the level that will help us in the next bull cycle. That's why I care about it.

Now for the good news...

As can be seen on the weekly chart, the RSI seems to have begun to mismatch.

After a fake out to the resistance level at 58.25%, I think that it will ease down for the initial target of the pattern.

After the 50% level is seen, I expect it to start a rise again and to turn its direction down as it tests the OB level, which is the second resistance while completing this pattern.