Bitcoin
Updated

Significant rejection from stablecoin dominance resistance

93
As exemplified in my previous post we have interacted with and rejected down from the stablecoin dominance resistance after the big bullish impulse.

Stablecoin Dom. Daily; from previous post
snapshot

Stablecoin Dom. 1h; As of this post
snapshot

How bitcoin interacts with the green trend support zone and red resistance zone generally marked on this chart should will us prepare for a retest of bitcoin's ~28k local resistance or continue retracing further down.

Note
New local trend resistance
snapshot

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