BITCOIN DOMINANCE is creating a inverted Head and Shoulders on a strong weekly and monthly support, which can bring strength to bitcoin against the majority of the Altcoins. This means that a lot of Capital will run to Bitcoin from the alts, which it doesn't necessarily means that bitcoin will gain value against the USD.
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.