Bitcoin dominance has reached a key support on the daily time frame. The NEW RSI indicator still sees the market as bearish but is pulling back. We will probably not see the growth of major altcoins like Ethereum for a few days. This analysis is not a financial recommendation in any way.
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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.