Market Cap BTC Dominance, %

BTC Dominance Level 📉👇 (Good for the Altcoins?)

1947
💎Technical Analysis Summary💎


BTC.D

-The Bitcoin Dominance started moving lower after a bearish retest
-The mid-term trendline support is finally broken downwards
-The price is now creating a lower low followed by a lower high
-If this decrease in value for BTC Dominance continues
-The next possible support for a bounce is at 44 level
-For now, we can see strong altcoins performing pretty well
-I'm expecting at least 5 days good green days for the altcoins
-But that all depends if Bitcoin can hold above 44k dollars
-Please only trade those coins with a good risk:reward ratio
-Do not blindly buy any coins without looking at the risk potentials
-Good luck everyone and stay safe!






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Trading Involves High Risk ⚠ïļ
Not Financial Advice ðŸ’ļ
Exercise Proper Risk Management ðŸ’ą
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