BTC.D Analysis
BTC.D
According to the analysis carried out on August 26, the Bitcoin Dominance index moved up to the level of 49.92% and as we said it moved to the lower areas with a little distance from the 50.10%.
Hence, in case of an upward movement, the 49.65% area is a strong level for a decline to the 48.36% level which is actually the A movement in the picture.
And we have B movement as you can see and the fall from these areas to the next level.
In general, the downward movement of the index is much stronger than the upward movement.
#btcd
According to the analysis carried out on August 26, the Bitcoin Dominance index moved up to the level of 49.92% and as we said it moved to the lower areas with a little distance from the 50.10%.
Hence, in case of an upward movement, the 49.65% area is a strong level for a decline to the 48.36% level which is actually the A movement in the picture.
And we have B movement as you can see and the fall from these areas to the next level.
In general, the downward movement of the index is much stronger than the upward movement.
#btcd
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