View in Telegram
🚨BTC Dominance Update (BTC.D)🚨 BTC Dominance (BTC.D) has reached a critical support zone near 57.3%, which coincides with the long-term trendline and the EMA200 (daily). Here's what I'm seeing: 1️⃣ Bounce Potential: BTC.D has touched a strong support zone. If this holds, we could see a bounce toward 58%-59%, with buyers stepping in to regain momentum. 2️⃣ Bearish Breakdown: A breakdown below 57% would indicate weakness, potentially pushing dominance further down to the 55% range, which is the next major support. 3️⃣ Market Impact: - If BTC.D bounces, Bitcoin could outperform altcoins, as dominance increases. - If it breaks down, altcoins may rally as capital flows into alts. My Thoughts: I will be closely monitoring the 57% level for confirmation. - A strong bounce above 58% signals dominance recovery. - A breakdown below 57% could open the door for altseason!
Love Center - Dating, Friends & Matches, NY, LA, Dubai, Global
Love Center - Dating, Friends & Matches, NY, LA, Dubai, Global
Find friends or serious relationships easily