It appears that Bitcoin Dominance's bearish Diametric structure is nearing completion, and the green zone has the potential to trigger a powerful new bullish wave, either in the form of an X wave or the beginning of a new pattern.
If this scenario plays out, it would likely mean unfavorable conditions for altcoins, as they could once again come under significant pressure.
Therefore, keep a close eye on the green zone and monitor it carefully. A touch of this area could mark the beginning of a prolonged bullish phase for the index, potentially driving Bitcoin Dominance higher for an extended period.
If you have a symbol you want analyzed, first hit the like button and then comment its name so I can review it for you.
Do you also think Bitcoin Dominance is bullish?
If this scenario plays out, it would likely mean unfavorable conditions for altcoins, as they could once again come under significant pressure.
Therefore, keep a close eye on the green zone and monitor it carefully. A touch of this area could mark the beginning of a prolonged bullish phase for the index, potentially driving Bitcoin Dominance higher for an extended period.
If you have a symbol you want analyzed, first hit the like button and then comment its name so I can review it for you.
Do you also think Bitcoin Dominance is bullish?
Trade wurde manuell geschlossen
This analysis is no longer valid. Updated analysis: 
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✅ Join our Telegram channel to succeed in crypto trading.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.