BTC.D , Bitcoin Dominance Ready to RiseAfter a descending wedge pattern, Bitcoin Dominance has shown the first signs of an upward move. A CHoCH (Change of Character) has formed on the 4-hour timeframe, signaling a potential trend reversal.
We are now awaiting a retest of the broken resistance level before continuation of the bullish trend. However, the price might skip the retest and proceed directly higher.
Stay tuned for confirmation and manage your positions accordingly.
