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

2 mins
Updated by Ryan James
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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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For BeInCrypto’s latest Bitcoin (BTC) analysis, click here

Top crypto platforms in the US | March 2024



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Valdrin Tahiri
Valdrin discovered cryptocurrencies while he was getting his MSc in Financial Markets from the Barcelona School of Economics. Shortly after graduating, he began writing for several different cryptocurrency related websites as a freelancer before eventually taking on the role of BeInCrypto's Senior Analyst. (I do not have a discord and will not contact you first there. Beware of scammers)