While others drop, BNB climbs. Still wondering where the smart money is?
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ETPO1Y12🎁#BTC DOMINANCE ANALYSIS
BTC Dominance has broken down from the rising wedge pattern with significant volume and is currently trading within a key horizontal support/resistance zone.
A breakdown below this level could lead to further downside, while a rebound from here is also possible. Monitor upcoming price action closely for confirmation.
It’s important to note that BTC Dominance often shares an inverse relationship with the altcoin market cap.
BTC Dominance has broken down from the rising wedge pattern with significant volume and is currently trading within a key horizontal support/resistance zone.
A breakdown below this level could lead to further downside, while a rebound from here is also possible. Monitor upcoming price action closely for confirmation.
It’s important to note that BTC Dominance often shares an inverse relationship with the altcoin market cap.
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