🔍 General Chart Context
This chart tracks Bitcoin Dominance (% of total crypto market cap), currently sitting around 62.04%. BTC Dominance reflects Bitcoin’s market share vs altcoins — when it rises, BTC is outperforming alts; when it falls, altcoins are gaining.
🔄 RSI Analysis:
VERY IMPORTANT
BTC.D RSI against BTC RSI (daily candle)
BTC dominance dropped 46%...
Firstly... I'd like to comment we have officially just had our first daily close above "Minor Resistance" trend-line I have put in, additionally... a daily close above the 50SMA.
All trend-lines have flipped into bullish posture as well as my indicators and SMA / EMA ribbons!
📈 Price & Fibonacci Levels
Holding above key support: $104,751 (0.888 Fib)
Eyeing...
