Market Cap BTC Dominance, %
做空

Rising Wedge Targeting Weekly Support

512
BTC Dominance has formed a rising wedge right into weekly resistance. If it loses local support around ~54-55%, it may drop to weekly support around 44-47-49%.

This could mean the entire market drops hard, or if Bitcoin holds up for the most part, it could instead mean a potential run for altcoins.

Bitcoin dominance breaking 59% and holding above it invalidates this idea.

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