100-BTC.d touching resistance levels

15 apr 2021

100-BTC.d seems to get close to resistance levels and this might develop into some short-term pullback. As a consequence, a retracement to 42% dominance is on the cards. Also, BTC seems to flip resistance into support on the BTCUSD chart and a larger move of BTCUSD to the upside will likely cause alts to bleed. If you are fully invested in altcoins, taking some profits back to BTC to buy back at a more favourable rate is an option. A larger altcoin move should still be in play in the medium to long term.