Market Cap BTC Dominance, %Updated BTC.D weekly chart
BTC.D Is the 2017 scenario repeating here? I think it is the most likely, the price reached an important resistance.
We also have a negative weekly candle at the resistance and tomorrow is the close.
So, all the data says that the takeover should fall from this area.
Let's observe and see behavior after the weekly close.
waiting .....
Trade active
We have a bearish swallowing candle, we need it to close weekly like this and then it will be the beginning of a dominance decline.
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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.