BTC dominance is also falling amid falling BTC prices.
It remains to be seen if BTC dominance continues to decline.
If BTC dominance falls when BTC price falls, I think it is highly likely to lead to a plunge.
So, I think we should focus on whether BTC price is supported above 22261.5 points and whether BTC dominance is getting resistance below 67.44 points.
It remains to be seen if BTC dominance continues to decline.
If BTC dominance falls when BTC price falls, I think it is highly likely to lead to a plunge.
So, I think we should focus on whether BTC price is supported above 22261.5 points and whether BTC dominance is getting resistance below 67.44 points.
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/