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Market Cap BTC Dominance, %

Bitcoin Dominance Losing Steam, Again?

Por Sparkster
  • Bitcoin Dominance made a strong recovery in recent weeks, up to it's key resistance trendline.
  • The weekly chart shows BTC is making a test of that trendline to squash alt coins back into a little corner of the crypto pie.
  • But on the daily and 12 hour charts it appears the alts are fighting for a strong comeback.
  • IF this week ends with bitcoin losing about 2.5% market dominance, THEN we may see it's test of the trendline rejected and the start of a major new bull run for the alts.
altcoinaltcoinmarketaltcoinmarketcapBitcoin (Cryptocurrency)bitcoindominancebtcdominanceChart PatternscryptomarketcryptomarketcapTechnical IndicatorsTrend Analysis
Sparkster
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