Bitcoin Dominance

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Bitcoin dominance is now near the 46% support area. ETH is taking the lead and ETHBTC pair showing strength. If Dominance break the 46% support then we see a small rally in altcoins. Some Alts showing good movement in BTC pairs. Wait for a breakout of the 46% support.

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Bitcoin forming a falling wedge on lower time frames and now near the support line. BTC need to bounce from this support line. If the falling wedge breaks upward then we will see a small pump towards $38,500-$39,000. If the pattern breaks downwards then we will see a retest of the $36,500-$37,000 area.

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Bitcoin Dominance | Ecency