BTC.D – Daily Chart Analysis 🧠
Bitcoin dominance is forming a rising wedge pattern – a typically bearish structure.
We’re now at the upper resistance; a rejection here could trigger a strong move down, opening the path toward 56–57% levels.
If confirmed, altcoins might get temporary relief.
Watch for a break of the lower trendline for confirmation.
Not financial advice – DYOR
Bitcoin dominance is forming a rising wedge pattern – a typically bearish structure.
We’re now at the upper resistance; a rejection here could trigger a strong move down, opening the path toward 56–57% levels.
If confirmed, altcoins might get temporary relief.
Watch for a break of the lower trendline for confirmation.
Not financial advice – DYOR
for free search on telegram channel @TradeWithARZ
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
for free search on telegram channel @TradeWithARZ
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.