did you notice what's happened in BTC.D (bitcoin dominance) here
after good jump from 53.76%, we faced our big resistance which percent is 56.09%
then we saw a good correction from what we bounced .
here we are again at that strong support line which is 53.76%
we have two scenario for future:
1.we break down that support line(53.76%) which can cause our btc dominance weakness
2. we break up that yellow range and start another leg up to 56.09%
why should we analyze BTC.D chart?
watch and analyze this chart will give you a good insight for understanding where is money going throw , bitcoin or alt coins.
then we saw a good correction from what we bounced .
here we are again at that strong support line which is 53.76%
we have two scenario for future:
1.we break down that support line(53.76%) which can cause our btc dominance weakness
2. we break up that yellow range and start another leg up to 56.09%
why should we analyze BTC.D chart?
watch and analyze this chart will give you a good insight for understanding where is money going throw , bitcoin or alt coins.
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