Market Cap BTC Dominance, %Singkat
Possible Cliffhanger?
Bitcoin dominance made a triple tap triple top around 61% and then dropped below the 50 and 200 daily EMAs and MAs.
It is presently testing old support as resistance and has reclaimed the 200 daily EMA and MA, but has failed to reclaim the 50 day EMA and get back above 58.25%.
It is still possible it reclaims the 50 EMA and MA and breaks through resistance, but if we see another daily close below the 200 EMA / MA or if it fails to get above the 50, it is going to drop hard.
It is presently testing old support as resistance and has reclaimed the 200 daily EMA and MA, but has failed to reclaim the 50 day EMA and get back above 58.25%.
It is still possible it reclaims the 50 EMA and MA and breaks through resistance, but if we see another daily close below the 200 EMA / MA or if it fails to get above the 50, it is going to drop hard.
Penafian
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