BITCOIN DOMINANCE analysis DAILY scale.
If there is one chart that has been difficult to read in recent months, it is the dominance of Bitcoin. It is very difficult to establish comparisons with previous cycles due to the greater weight of Stablecoins in the ecosystem #crypto.
Bitcoin's dominance comes from two months of consolidation just below the top of the last two years' range (39%-49%). In horizontal, diagonal and RSI resistance.
The conclusion is summed up in one word: INDECISION. The graph is at an important moment and it is very likely that we will see a decision very soon.
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