Good morning, friends — wishing you a great weekend!
Last week, I mentioned that we were expecting a reversal from the 65.5 level for #BTCDOMINANCE. We also said that a pullback down to 60 would be considered normal.
Support levels were shared as: 🔴 64.50 🔴 62.50 🔴 60.00
We saw a nice reaction from the 62.50 level I mentioned. 📍However, we’re now at a critical threshold.
I would consider a rise back up to the 64 level in #BTCDominance as normal. This could naturally increase the pressure on #altcoins.
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#Bitcoin100K | #BTCDOM | #ETH SOL #DOGE
Good morning, friends — wishing you a great weekend!
Last week, I mentioned that we were expecting a reversal from the 65.5 level for #BTCDOMINANCE.
We also said that a pullback down to 60 would be considered normal.
Support levels were shared as:
🔴 64.50
🔴 62.50
🔴 60.00
We saw a nice reaction from the 62.50 level I mentioned.
📍However, we’re now at a critical threshold.
I would consider a rise back up to the 64 level in #BTCDominance as normal.
This could naturally increase the pressure on #altcoins.
Even though #Bitcoin is holding around 103K, selling pressure has quietly started to build in altcoins.