Bitcoin dominance is in front of a strong resistance at 49.79%. If the dominance does not break upward, we could see a triple top.
If it breaks into this resistance, the targets start from 49.89% to 50% (the golden Fibonacci retracement level).
If it does not break, we will have a bearish signal for BTC.D and it will retest the previous support level.
-TRADE AT YOUR OWN RISK (I AM NOT A FINANCIAL ADVISOR)
If it breaks into this resistance, the targets start from 49.89% to 50% (the golden Fibonacci retracement level).
If it does not break, we will have a bearish signal for BTC.D and it will retest the previous support level.
-TRADE AT YOUR OWN RISK (I AM NOT A FINANCIAL ADVISOR)
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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.