Alex_Dehtiarov

BTC.D! BTC DOMINANCE GROWS VERY FAST! WHAT`S NEXT?

CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Bitcoin dominance is the value of Bitcoin compared to the value of all other cryptocurrencies!

Now we see how the dominance has a rising trend for a long time. Also, we see that the dominance in the last few days has not touched the lower border of the channel, which shows the strength of the buyer.

Breaking through the level of 44.3%, there will be a touch of the upper border of the channel and the trend line. In this case a false breakout and a correction is very possible.

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P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.

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