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Let's analyze BTC dominance:
After months of climbing, BTC.D is repeatedly rejected at 62.5% resistance, suggesting a potential shift. Alts, which suffered from prolonged low liquidity, are showing signs of recovery. Immediate support for BTC.D is 61.12%; a break here could trigger further decline. If BTC.D falls below 61.12%, watch 59.37%. A breakdown at these levels could significantly favor altcoin recovery, marking a turning point in market dynamics.
Key Levels:
Support: 61.12%
Resistance: 62.50%
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments, and feel free to request any specific chart analysis you’d like to see.
In-depth market analysis
Accurate trade setups
Early access to trending altcoins
Life-changing profit potential
Let's analyze BTC dominance:
After months of climbing, BTC.D is repeatedly rejected at 62.5% resistance, suggesting a potential shift. Alts, which suffered from prolonged low liquidity, are showing signs of recovery. Immediate support for BTC.D is 61.12%; a break here could trigger further decline. If BTC.D falls below 61.12%, watch 59.37%. A breakdown at these levels could significantly favor altcoin recovery, marking a turning point in market dynamics.
Key Levels:
Support: 61.12%
Resistance: 62.50%
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments, and feel free to request any specific chart analysis you’d like to see.
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.
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.