$BTC Dominance has broken down from the ascending channel and the Ichimoku Cloud, and is now testing the cloud’s lower boundary. A successful test of this level would signal further downward movement. It’s important to note that $BTC Dominance often shares an inverse relationship with the #altcoin market cap. crypto
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#BTC DOMINANCE ANALYSIS
$BTC Dominance has broken down from the ascending channel and the Ichimoku Cloud, and is now testing the cloud’s lower boundary. A successful test of this level would signal further downward movement. It’s important to note that $BTC Dominance often shares an inverse relationship with the #altcoin market cap. crypto