#BTC DOMINANCE ANALYSIS


BTC.D has broken down from the symmetrical triangle and is currently retesting the broken support as resistance. A successful retest would be a #bearish confirmation, reinforcing the breakdown and increasing the probability of further downside. As long as BTC.D remains below the retest zone, lower levels are likely, which would be a #bullish signal for altcoins. A reclaim of the broken trendline could invalidate the #bearish setup and #shift momentum back in favor of Bitcoin. #crypto
BTC-0.36%
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