BTC Dominance looks to be squeezing into the tight corner of a symmetrical triangle, an attempt to breakout to the upside was made and held back by the 200 Day Moving Average. The 50 Day MA and 10 Day EMA could also act as dynamic support… The long wick to the upside on the Weekly time frame suggests the bulls are strong, BTC itself is also at a critical Order Block resistance suggesting a volatile move is coming very soon…
I’m leaning more towards an upside breakout which would see $BTC and $ETH rise and alts to the down side.
I’m leaning more towards an upside breakout which would see $BTC and $ETH rise and alts to the down side.