The Bitcoin dominance rate (BTCD) has broken down from a minor support area. The closest support area is found at 64.2%, but BTCD has yet to show any signs of reversal.
Ongoing Decline
The Bitcoin dominance rate has been decreasing since reaching a high of 66.68% on June 27. This decline validated the 66.5% area as resistance. Furthermore, the same area is strengthened by the presence
×
BeInCrypto Premium - Register for FREE now.
Related topics
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.