FREE BTC.D ANALYSIS UPDATE March 16, 2022

FREE BTC.D ANALYSIS UPDATE March 16, 2022

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🌓FREE BTC.D ANALYSIS UPDATE🌓

Bitcoin Dominance approached key resistanceā—ļø

  • Yello, ladies and gentlemenšŸ˜Ž!

šŸ’ŽAs per our previous forecast, BTC.D remains within the ascending channel. At the same time, it remains within the triangle pattern, which implies that the short-term trend is bullish while the long-term trend is bearish.

šŸ’ŽHowever, BTC.D has approached a resistance downtrend trendline, which is the top of the triangle. Moreover, BTC.D is now facing strong resistance at 44%, which aligns with the Volume Profile Indicator.

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