The trend line that has made us all miserable😒😣😠

snapshot

During this period, every time bitcoin started to move up and usdt dominance started to fall, after a while, it collided with this trend line and could not fall further.

But now this indicator has reached a critical point that can break its trend line downwards and start the upward movement of altcoins and bitcoin.

There are 3 scenarios for breaking this downward trend line.

first . Starting to fall from the same level and breaking the trend line, as well as ichimoku, which has become very thin and after a while can break the level of 4.25% downwards.

The second scenario is a move of 4.92% and then the start of the decline and then the break of the trend line, in which the bitcoin will again fall below the level of $ 34,000.

As for the third and most pessimistic scenario, the move to the top of this index, which has not been broken yet, and then the beginning of the decline, which can also mark the last downward movement of Bitcoin. Because if the usdt dominance bitcoin wants to move to its ceiling, it will no longer be able to climb further.
BTCBTCUSDdominanceETHFundamental AnalysisTechnical IndicatorsmetaversemonyeSOLTrend Analysisusdtdominance

Disclaimer