kennymic1
Posts: 3
Joined: Mon Jun 06, 2016 11:51 pm

Bitcoin Dominance

Sun Aug 01, 2021 12:18 am

Bitcoin Dominance is rejecting from the 49.2% resistance area. There is heavy resistance between 49%-50.5% zone and dominance need to stay below it to get rally in altcoins. If Bitcoin Dominance break above this resistance zone then the best option is to stay out from alt positions. Dominance need to reject from this level and if it happens we will see a good rally in altcoins. The support zone for Dominance are 48% and 46%. We may see some recovery in altcoins once BTC stable in a range again. Now BTC is too volatile.

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