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Bitcoin - Market Dominance at 8yr Resistance
Market Cap BTC Dominance, %
Bitcoin - Market Dominance at 8yr Resistance
By 1BigPapi
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Mar 6
0
Mar 6
Bitcoin currently stuck under the 8 year diagonal resistance extending from 2016, and a local horizontal resistance around 54%.
Could get spicy over the coming days and weeks depending on what happens next.
~If Bitcoin climbs over 55% that would invalidate a nearly 8 year trend, bullish for BTC
~If it proper rejects here (<52%), we get an alt season
Trend Analysis
1BigPapi
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