🔔 #BTC If we look at the dominance level;
👊 On the weekly chart, the falling trend from the beginning of the 2017 bull period to the present day still maintains its level.
👉 It seems likely that a scenario similar to the beginning of the 2021 bull season will occur. The graphics and formations are similar. We can observe that even though it put a pin on the resistance during the 2021 bull period, it could not be permanent and then there was a decrease in the#dominancelevel.
👉 We should not forget this! #Bitcoin is still at 63K levels and if we witness a rapid rise of $BTC , there will be a parallel rise in the#dominancelevel. We may experience the scenario in the second worst image.
