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BTC Dominance: Which Scenario is Going to Happen?

CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Bitcoin Dominance is on the edge of a big move either upside or downside. %40 is an important level for bitcoin dominance to support. If dominance can't bounce at this level it will go straight down %30 which is actually an altcoin party!
In another scenario bouncing at 40 will make a bloody hell for altcoins!
A weekly candle below this level will confirm the first scenario and the other scenario depends on bouncing at this level.
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