Bitcoin Dominance broke the rising wedge pattern in downward direction as expected. Altcoin are showing some upward movement and we may see good rally if BTC remains stable in a range. We may see a drop to the local support area of 61.90%-62.20% in the following week.
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Bitcoin dominance has reached a new high and continues its upward movement. Altcoins are suffering and still show no signs of recovery. The global tensions remain the same, and we may see more pump and dumps.Bitcoin dominance has reached a new high and continues its upward movement. Altcoins are suffering and still show no signs of recovery. The global tensions remain the same, and we may see more pump and dumps.
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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.