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One platform for global traditional assets
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I just saw that BTC.D is forming an ascending triangle on the 6-hour timeframe, which looks quite interesting. The good thing is that BTC.D usually moves inversely to the altcoin market cap, so if it breaks out, there could be a significant shift in the market. Currently, I am closely monitoring whether it will break above or drop down, because this signal from BTC.D will greatly influence the direction of altcoins in the near future. Everyone should pay attention to these changes, as BTC.D is a pretty important indicator for predicting the rotation between Bitcoin and other tokens.