Today I was making a post about the dominance of Bitcoin and Alcoins, very interesting and the fall has taken me by surprise.
The price of Bitcoin has broken the bullish channel at the time of writing this post, bitcoin is retreating 4.5%. not a good sign
For some time we have been seeing that the crypto market capitalization remains around 1T dollars. With rebounds in the support of 950B, as I had already analyzed, what could happen.
This chart for me is today the one we have to watch so as not to break the support of 950B
If it breaks down, this chart could reach 856B and bitcoin could go back again to 17,500 dollars.
If the support of 950B is maintained, it could reach 1.05T in the next few days and Bitcoin and Alcoins continue to rise.
Bitcoin's dominance remains in a downward channel which shows that alcoins remain strong, but this could change in the near future.
For your vote or comment, thank you
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