Bitcoin and Bitcoin Dominance may be about to move up should the 52% dominance level be successfully held.
Expecting a sharp move up to 55-57% for dominance and 40-43.5k for Bitcoin, and alts to lose value vs. Bitcoin:
Should the 52% level be lost, we may re-test 50 or 48% dominance levels instead.
Bitcoin needs to cleanly break through the 36.5-40k area to get out of the danger zone:
Expecting a sharp move up to 55-57% for dominance and 40-43.5k for Bitcoin, and alts to lose value vs. Bitcoin:
Should the 52% level be lost, we may re-test 50 or 48% dominance levels instead.
Bitcoin needs to cleanly break through the 36.5-40k area to get out of the danger zone:
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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.
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.