Sparkster

Bitcoin Dominance Losing Steam, Again?

CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
  • Bitcoin Dominance made a strong recovery in recent weeks, up to it's key resistance trendline.
  • The weekly chart shows BTC is making a test of that trendline to squash alt coins back into a little corner of the crypto pie.
  • But on the daily and 12 hour charts it appears the alts are fighting for a strong comeback.
  • IF this week ends with bitcoin losing about 2.5% market dominance, THEN we may see it's test of the trendline rejected and the start of a major new bull run for the alts.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.