š“FREE BTC.D ANALYSIS UPDATEš“
Bitcoin Dominance approached key resistanceāļø
- Yello, ladies and gentlemenš!
šAs 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.
šHowever, 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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