In the weekly chart, Bitcoin Dominance is in the bullish territory, as long as weekly candles close above 53.27%.
Below 53.27%, the key weekly support, Bitcoin will share the dominance with Altcoins and BTC.D will decline towards 51.37%.
A bearish break-out of 51.37% and #Bitcoin Dominance keeping below this level will push BTC.D to 49% resulting in Altseason.
Above 53.27%, the probability to move to 55.5% remains high and this move will put pressure on Satoshi price of Altcoins.
Daily Chart
After finding a support at 50-Day Moving Average and 53% level, the BTC.D daily chart is lingering around 53.5%.
A bearish rejection of 53.5% will result in #BitcoinDominance moving to 52.24%, the key daily support.
A bullish break-out of 53.5% will place Bitcoin Dominance into the slow momentum area and will increase a likelihood of re-test of 54.5%.
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Below 53.27%, the key weekly support, Bitcoin will share the dominance with Altcoins and BTC.D will decline towards 51.37%.
A bearish break-out of 51.37% and #Bitcoin Dominance keeping below this level will push BTC.D to 49% resulting in Altseason.
Above 53.27%, the probability to move to 55.5% remains high and this move will put pressure on Satoshi price of Altcoins.
Daily Chart
After finding a support at 50-Day Moving Average and 53% level, the BTC.D daily chart is lingering around 53.5%.
A bearish rejection of 53.5% will result in #BitcoinDominance moving to 52.24%, the key daily support.
A bullish break-out of 53.5% will place Bitcoin Dominance into the slow momentum area and will increase a likelihood of re-test of 54.5%.
Like once read.
Thank you!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.