Market Cap BTC Dominance, %Diupdate Bitcoin Dominance (BTC.D) - above 1st resistance RSI double top
Daily candle close triggered a TV alert for me on the BTC .D with daily closing above the first marked area of resistance on the BTC dominance chart. Noting also the double top on RSI , perhaps time to see a bit of a slow down of BTC for a moment of consolidation, hoping we resist any significant pull back and hold above both this resistance and the 60k. Watching for possible signs of bull trap from here, and show of strength from the bears. Bias towards further bullish strength in the coming days and weeks. Does wisdom dictate that Alts get a run now? Watching with caution, trade safely
Catatan
TOTAL market cap just saw (albeit somewhat weak with upper wick) daily close above resistance of cup and handle formation. Waiting for stronger confirmation, but this is a further sign of increasing market strength and strong rally to come. Pivotal few days ahead!
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