BTC Dominance Weekly Outlook
Alt Season Potential
A BMS (Break of Market Structure) has occurred in the bullish trend, showing a change of character to bearish, as seen from the candle indicating heavy selling pressure.
If the trend continues, BTC dominance would correct to the nearest SSL at Fibonacci 50.71%, and if it cannot hold, a deeper correction would occur at Fibonacci 1,618 at 43.77%, indicating the occurrence of Alt Season.
A BMS (Break of Market Structure) has occurred in the bullish trend, showing a change of character to bearish, as seen from the candle indicating heavy selling pressure.
If the trend continues, BTC dominance would correct to the nearest SSL at Fibonacci 50.71%, and if it cannot hold, a deeper correction would occur at Fibonacci 1,618 at 43.77%, indicating the occurrence of Alt Season.
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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.