BTC DOMINANCE ANALYSIS BTC Dominance has broken out of the ascending triangle pattern with significant volume, while the Ichimoku Cloud indicates strong bullish momentum. This breakout suggests a potential correction in the altcoin market. A successful retest of the pattern could drive further upward movement. However, ifthe retest fails, BTC Dominance may consolidate within the pattern, allowing altcoins to recover soon. Keep a close watch on further rice develo ments. #btc #eth #Golden Snake Brings Fortune: $50,000 in Rewards
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#Market #Update
BTC DOMINANCE ANALYSIS
BTC Dominance has broken out of the ascending triangle pattern
with significant volume, while the Ichimoku Cloud indicates strong
bullish momentum.
This breakout suggests a potential correction in the altcoin market. A
successful retest of the pattern could drive further upward
movement.
However, ifthe retest fails, BTC Dominance may consolidate within
the pattern, allowing altcoins to recover soon. Keep a close watch on
further rice develo ments.
#btc #eth #Golden Snake Brings Fortune: $50,000 in Rewards