Bitcoin dominance is currently in a strong downward battle, facing increasing pressure from altcoins which are gaining momentum. Despite some resistance trying to push dominance higher, the overall trend suggests a weakening grip of Bitcoin over the crypto market. This decline indicates growing investor interest in alternative cryptocurrencies, especially as...
Bitcoin is currently in an ascending triangle pattern, which is a bullish continuation pattern in technical analysis. This suggests that buyers are gaining strength and there is a high probability of an upward breakout. The fact that we're already seeing an upward movement supports the idea that a new uptrend may be starting.
In short:
Bitcoin is forming an...
