PolarHusk

BTC Dominance (Another Mini Altseason?)

CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
💎Technical Analysis Summary💎


BTC.Dominance

-The BTC Dominance chart level has reached my previous target
-The Dominance 41 level is the support last June 7 before a run-up
-The price is reacting to this area but not enough data to back up for a reversal
-If the BTC Dominance level holds this area for a few days
-Then expect a potential bounce up to 42-43 levels
-And on the other side, a fail below this support will lead to testing the 40 level
-Definitely, I want to see BTC Dominance drop to a lower low
-Because the Altcoins will perform stronger in the coming days or weeks
-But still, be cautious and only trade those coins have strong momentums
-Good luck and stay safe everyone!




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