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 is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo. In 2019, he decided to focus full-time on cryptocurrencies and trading.

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