Weekly Weakness For Bitcoin Dominance
Updated
- Bitcoin Dominance has failed to find support above the long-term downtrend resistance, and the current weekly candle is also below long-term upwards trendline support, which can only mean one thing.
- A weekly candle close at about current levels or lower indicates a 4.5% drop on bitcoin dominance coming soon.
Comment
1 day chart for BTC.D reveals negative momentum with red cloud future, TK cross-over and downwards MACD
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