Bitcoin Dominance Rate’s Sharp Decrease Suggests Altseason Has Begun

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The Bitcoin dominance rate was rejected strongly at the 72 percent level and has been decreasing since, causing a breakdown from its pattern. Bitcoin Dominance Highlights The Bitcoin dominance rate broke down from a symmetrical triangle. A death cross has transpired. The weekly RSI suggests that we are in a bearish market. There is support at 60 percent. Bitcoin charter

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Valdrin discovered cryptocurrencies while he was getting his MSc in Financial Markets from the Barcelona graduate 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.

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