๐จ BTC.D Market Update ๐จ
๐ 1-Day Chart Analysis: The Bitcoin Dominance (BTC.D) is showing Bearish momentum as it tests the broken Trendline once again. Could this be a potential rejection or just a retest before the next move? Stay vigilant, as market dynamics shift!
โก 1-Hour Chart Outlook: On the 1H chart, however, BTC.D is currently bullish, displaying a positive bounce and strength in the shorter term. A potential bullish breakout could be on the horizon if this momentum continues.
๐ Key Takeaways:
1D: Bearish retest of the broken trendline.
1H: Bullish, with strong upward pressure.
๐ฎ What's Next?
Are we going to see the dominance continue to rise, or will this short-term bullish move be a fleeting spike? Keep an eye on these timeframes for clues! ๐ง