BTC.D READY FOR RALLY
Bitcoin dominance has broken the rising wedge pattern to the downside, creating a large block order zone during the breakout.
Following this, it has retested both the created block order zone and the broken rising wedge.
The next expected move is to enter a distribution phase from this point and decline further towards the 48% level.
Similar movements to the previous rally are being observed. BTC has broken the descending wedge, retested it, and we expect a downward move after the distribution phase.🚀🚀🚀🚀
Following this, it has retested both the created block order zone and the broken rising wedge.
The next expected move is to enter a distribution phase from this point and decline further towards the 48% level.
Similar movements to the previous rally are being observed. BTC has broken the descending wedge, retested it, and we expect a downward move after the distribution phase.🚀🚀🚀🚀
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