BTC Dominance - Bitcoin undecided... Elon effect? 🙄
The Elon Musk pump got us out of the descending resistance only to fall back under it and on our previous support.
Lets just call Elon Musk a market anomaly... 😋
So what is going on here... we are back at support. If we fall we go to 57% if we hold we should eventually break-out with or without Elon and go to 67%.
This is sort of a critical moment. The indicators appear bullish, but that may only be because of the Elon effect. Hard to say at this time, so best to wait for price to exit this apex in blue.
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Lets just call Elon Musk a market anomaly... 😋
So what is going on here... we are back at support. If we fall we go to 57% if we hold we should eventually break-out with or without Elon and go to 67%.
This is sort of a critical moment. The indicators appear bullish, but that may only be because of the Elon effect. Hard to say at this time, so best to wait for price to exit this apex in blue.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
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