Bitcoin Dominance Update

26 thg 7, 2021

Recently I shared a chart for Bitcoin Dominance (BTC.D).
Here is a follow up, short and simple...

I believe this chart will continue climbing until reaching 50 and higher.

The indicators, RSI and MACD, as well as the volume bars and the candles (candlestick reading) support this.

Previous chart:

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Namaste.

27 thg 7, 2021

Ghi chú

BTC.D closed daily to the upside above EMA100.
It is the first time this happens since October 2020.

This is a strong bullish signal, specially if it can stay above this level.

EMA100 here is represented by the blue line on the chart.