Hello, traders.
The question is simple, is BTC ready to recover some market cap? The answer is not so simple. The altcoins are rising sharply in the past few days causing bitcoin to lose dominance. Due to factors such as bitcoin are linked to American markets that are quite susceptible to bad news, this stability has made altcoins gain strength to gain dominance.
But now we can be tired from the downward movement, with the RSI showing a bullish divergence.
I hope the price will reverse its trend in this region, possibly with the test at the important support level.
That could indicate an end to the upward trend in altcoins.
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The question is simple, is BTC ready to recover some market cap? The answer is not so simple. The altcoins are rising sharply in the past few days causing bitcoin to lose dominance. Due to factors such as bitcoin are linked to American markets that are quite susceptible to bad news, this stability has made altcoins gain strength to gain dominance.
But now we can be tired from the downward movement, with the RSI showing a bullish divergence.
I hope the price will reverse its trend in this region, possibly with the test at the important support level.
That could indicate an end to the upward trend in altcoins.
Push the like button and follow us on Tradingview.