Daily BTC Dominance Update

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Things aren't looking great for the king, well they are, but they look better for the peasants. BTC continues to lose strength against the rest of the market. This long term downtrend is not only persistent but also increasing. RSI continues to fall and we are approaching the area of support at around the 40 level. If this level fails to hold then there is nothing left to hold it up....it's altseason baby! You can expect altcoins to go crazy and this is likely to take us up to the market peak and blow-off top.

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