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Bitcoin Dominance Rate (BTCD) Approaches Yearly Lows as it Falls Below 40%

2 mins
27 December 2021, 14:58 GMT+0000
Updated by Ryan James
27 December 2021, 14:58 GMT+0000
In Brief
  • BTCD is trading above support at 38%
  • Technical indicators are bearish
  • BTCD is decreasing alongside a descending resistance line
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Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions.

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