Bitcoin Dominance broke the rising wedge pattern in downward direction as expected. Altcoin are showing some upward movement and we may see good rally if BTC remains stable in a range. We may see a drop to the local support area of 61.90%-62.20% in the following week.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.