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Market Cap BTC Dominance, %
Short
Oct 23, 2021
BTC.D WEEKLY DESCENDING TRIANGLE
6
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BTC.D is forming a Descending Triangle on the weekly timeframe with a target to 30% Dominance.
BTC.D has also just broke down from a rising wedge on the 4H and 1D TF, which is normally a bearish pattern.
Retail is more interested in Altcoins so we will see BTC.D in a downtrend.
NFA.
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