🚨BTC/USD 1 hour chart. Source: TradingView
For Hyland, however, there are more worrying signs that the bull run may be in trouble after solid 60% gains since early October.🚨
📉The warning sign, he says, is Bitcoin’s share of the crypto market’s total market capitalization. 📈
📉 “The dominance is reversing in accordance with the bearish divergence that has been observed. I returned all the winnings from the movement the other day,” he wrote in the post
“If it breaks and closes below 51.81, it would be the first low in over a year and the end of the uptrend, as well as a likely high.”
