$BTC Dominance is consolidating within an ascending triangle #pattern and is currently #trading below the horizontal supply zone. The Ichimoku Cloud is acting as support. A confirmed breakout or breakdown is needed to determine the next directional move. It’s important to note that $BTC Dominance often shares an inverse relationship with the #altcoin market cap. #crypto
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#BTC DOMINANCE ANALYSIS
$BTC Dominance is consolidating within an ascending triangle #pattern and is currently #trading below the horizontal supply zone. The Ichimoku Cloud is acting as support. A confirmed breakout or breakdown is needed to determine the next directional move. It’s important to note that $BTC Dominance often shares an inverse relationship with the #altcoin market cap. #crypto