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Mastering Crypto

10/10 04:02

BTC DOMINANCE ANALYSIS

BTC.D is on the rise following the breakout of the symmetrical triangle. It's currently approaching a horizontal resistance level, and the RSI has entered the overbought region. This suggests the possibility of a downward movement from the horizontal resistance.

If BTC.D continues to move upward while BTC itself experiences a decline, this could be interpreted as a bearish signal for altcoins. Conversely, if BTC.D falls while BTC maintains a sideways trajectory, it may be seen as a bullish indicator for altcoins.1696910525848.png

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