BTC || dominance is still in uptrend.Daily had a potential mss. Reclaiming and holding the weekly ob would be bullish.
We had a rejection alrdy on the first try. Lets see how the second goes. Median level is important. Wicks above but bodies below is bearish.
How does this translate to the general markets?
If it gets rejected it could mean that money flow either into alts or stables.
If we go up BTC is either a hedge against falling alts or the entire market goes up with btc outperforming most tokens.
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.