$BTC Dominance Update
Timeframe: 1D
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Currently, our strongest resistance for BTC Market Dominance lies at around 47% (which is also confluent with our 200 EMA on the Daily).
This is a very important level to watch, as we’re expecting Dominance to remain below it in order to see the alt run we’re expecting to top off the year.
A break and close below $43.42 are what we currently need to confirm a mid-term Dominance correction and further alt upside.
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Best Regards, iSmashProfit™
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Currently, our strongest resistance for BTC Market Dominance lies at around 47% (which is also confluent with our 200 EMA on the Daily).
This is a very important level to watch, as we’re expecting Dominance to remain below it in order to see the alt run we’re expecting to top off the year.
A break and close below $43.42 are what we currently need to confirm a mid-term Dominance correction and further alt upside.
--------------------
Best Regards, iSmashProfit™
iSmashProfit
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