The bitcoin dominance rate (BTCD) has fallen below two long-term support levels. BTCD has been on a sharp downward slope since the beginning of the year.
The BTCD is expected to continue decreasing in the long term. The relationship to BTC is negative, meaning that a price increase in the latter is causing a BTCD drop.
For BeInCrypto’s latest bitcoin (BTC) analysis, click here.
Disclaimer
BeInCrypto strives to provide accurate and up-to-date information, but it will not be responsible for any missing facts or inaccurate information. You comply and understand that you should use any of this information at your own risk. Cryptocurrencies are highly volatile financial assets, so research and make your own financial decisions.
Sponsored
Sponsored