Market Cap BTC Dominance, %
Long
Mis Ă  jour

BTC.D 🚀

355
Hi everyone,
wish y'all have a profitable life 🍀

📍 I can see some raise in Bitcoin's dominance in parallel with the Bitcoin price growth.
⚠️ BUT, I still am not completely sure if this growth is smart money or a possible bull-trap, however I trade EXTREMELY carefully nowadays, plus I need to see the 44k zone to be broken and watch the volume indicator CAREFULLY.

📌 I personally think that the 50% zone needs to be tested!
⚠️ This growth is not a good NEWS for the Alt-coins.

THIS IS NOT A FINANCIAL ADVICE

PEACE 🍀🕊
Note
The lower band of the channel has been touched.
If the lower band couldn't hold the Dominance, the analysis needs to be updated

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