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Btc.D
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$BTC $ETH #Btc.D Bitcoin dominance update Btc dominance is printing relative equal highs on daily time frame.Bullish order block is marked in this chart. It will eventually come down in green box and then up to sweep that relatively equal highs. Above those equal highs is only death. Flipping equal highs can be a major disaster for alts. Horizontal s/r is marked as well. #HalvingHorizons #educationalpost
$BTC $ETH
#Btc.D
Bitcoin dominance update
Btc dominance is printing relative equal highs on daily time frame.Bullish order block is marked in this chart.
It will eventually come down in green box and then up to sweep that relatively equal highs.
Above those equal highs is only death.
Flipping equal highs can be a major disaster for alts.
Horizontal s/r is marked as well.
#HalvingHorizons
#educationalpost
#BTC.Dominance Analysis $BTC .Dhas recently broken out of a rising wedge chart pattern, signaling a potential shift in market dynamics. It has also breached a key horizontal resistance zone and is currently trading above the wedge's resistance trendline. The Ichimoku Cloud is indicating bullish momentum, suggesting that Bitcoin's dominance in the market may continue to strengthen {spot}(BTCUSDT) If #BTC.Dominance continues its upward trajectory, we could see a decline in altcoin performance, as capital may flow from altcoins back into Bitcoin. This potential movement could impact market trends, influencing trading strategies and portfolio management. It is crucial to monitor further developments in #BTC.D as they will provide valuable insights into the overall cryptocurrency market sentiment. Keep an eye on how this trend evolves and consider adjusting your strategies accordingly to navigate the shifting market landscape #MarketDownturn #Btc.D
#BTC.Dominance Analysis
$BTC .Dhas recently broken out of a rising wedge chart pattern, signaling a potential shift in market dynamics. It has also breached a key horizontal resistance zone and is currently trading above the wedge's resistance trendline. The Ichimoku Cloud is indicating bullish momentum, suggesting that Bitcoin's dominance in the market may continue to strengthen
If #BTC.Dominance continues its upward trajectory, we could see a decline in altcoin performance, as capital may flow from altcoins back into Bitcoin. This potential movement could impact market trends, influencing trading strategies and portfolio management.
It is crucial to monitor further developments in #BTC.D as they will provide valuable insights into the overall cryptocurrency market sentiment. Keep an eye on how this trend evolves and consider adjusting your strategies accordingly to navigate the shifting market landscape
#MarketDownturn #Btc.D
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