#BTC #DOMINANCE #ANALYSIS



BTC Dominance is consolidating within a symmetrical triangle and currently trading above the support trendline. The 50MA is providing support, while the price remains within the Ichimoku Cloud. A successful breakout or breakdown is needed to confirm the next move.

It’s important to note that BTC Dominance often shares an inverse relationship with the altcoin market cap, meaning a breakdown could indicate potential bullish momentum for altcoins.#Million $ANLOG Launchpool Airdrop is Live #Has the Market Bottomed Out?
BTC-1,91%
CLOUD1,41%
MOVE3,73%
S-0,79%
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TerryDavisvip
· 02-09 20:37
Thanks for the analysis friend.
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