BTC.D
We are at a critical juncture in Bitcoin's dominance.
A major decline in Bitcoin's dominance has likely already begun. If the green zone is lost, dominance could see a sharp decline, especially since the last wave of this diagonal pattern, Wave G, touched the 0.618 Fibonacci level.
However, there is still a possibility that the green zone could push the price back close to the previous high before we see a decline in dominance. However, there are also indicators that the major decline may have already begun. Follow the chart closely and monitor it closely.
First Target: 65.50%
Second Target: 65.30%
Third Target: 65.15%
To manage risk, don't forget about stop loss and capital management.
We are at a critical juncture in Bitcoin's dominance.
A major decline in Bitcoin's dominance has likely already begun. If the green zone is lost, dominance could see a sharp decline, especially since the last wave of this diagonal pattern, Wave G, touched the 0.618 Fibonacci level.
However, there is still a possibility that the green zone could push the price back close to the previous high before we see a decline in dominance. However, there are also indicators that the major decline may have already begun. Follow the chart closely and monitor it closely.
First Target: 65.50%
Second Target: 65.30%
Third Target: 65.15%
To manage risk, don't forget about stop loss and capital management.
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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.
🚨 For More Signals Join Telegram Channel ( Futures/Spot )
👉 t.me/CryptoSignalFuturesSpot
👉 t.me/CryptoSignalFuturesSpot
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.