Bitcoin btc
$ usd

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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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.

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...