Bitcoin Dominance is back!
TA updates
Yes BTC.D aka bitcoin dominance ( a measure of btc relative to entire crypto market cap in % terms) has broken out above its 2 year diagonal resistance, 50% is the magnet, and that’s when I will reassess if a pullback will happen or we continue to push higher. This ultimately means, alt coins in general will continue to bleed against BTC. Focus should best be put on BTC at the moment. Here’s An update of BTC chart from my previous post. That lower channel support is a magnet!
Till then Stay Safu!