Bitcoin Dominance has been falling and right now it is on a very delicate area, as the Uptrend and the Support area around 60 % breaks Alt Coins will have a strong move to the Upside.
Next Support level 50% Dominance area.
Death Cross (Ema 50-EMA 200 crossing) detected days ago confirming a down trend.
If this movement develops specially in months like March...
I hope this information can help you to dont forget the Long term View in our Market.
With our current Market Enviroment the posibilities to Break to the upside are more likely (FOMO).
A Break of the Current Support level at 6k, will bring us to the next Support on the Chart.
Having the Halving Event coming up will probably move the Market to the T1 SMA200, after...
The Gold presented a strong area of Support and consolidated it.
Fundamentals as upcoming Recession and DMI positive confirmed our direction of the market.
Pin bars on the support area.
its on the way of the target considerating the Fibonacci retracements and projections.
