📊 BTC Long Term Dominance Update
🔹 Currently at 58.20%
🔹 Finally breaks the parallel channel downside after 1 month in weekly chart.
🔹Dominance has also successfully retested the channel which is a good sign. Now higher chances that dominance will go down next week
🔹What happens when btc dominance go down ? The answer is simple Alts will go high
🔹 Keep an eye on this trend and let’s see what will happen next week.