The Bitcoin Dominance Rate (BTCD) has been trending upwards on an ascending support line since the beginning of June. The failure of this line to initiate a bounce for such a prolonged period indicates that the BTCD is likely to break down from this support instead. Ascending Support Line The Bitcoin dominance rate has been following an ascending support line since Feb 13. At the time
Bitcoin Dominance Rate at Risk of a Sharp Drop
The Bitcoin dominance rate is at risk of breaking down from an ascending support line.
A death cross has transpired on the daily time-frame.
There is no clear relationship between the BTCD and the Bitcoin price.
Únete a nuestro Grupo de Telegram y recibe señales de trading gratis!
The Trust Project is an international consortium of news organizations building standards of transparency.