Bitcoin Dominance BTC.D Pushing Higher Toward 60% Level
Finally some strong moves in money flow into Bitcoin.
We can see the Bitcoin Dominance BTC.D Pushing Higher Toward 60% Level.
This is a strong signal that money is flowing into Bitcoin, likely from BTC ETF's.
The biggest thing holding it back in my opinion is the DXY has been pushing higher also, but is at a resistance level, and will likely drop from here.
So we're likely close to a rally in Bitcoin, but I think we'll see a few days of retracement 1st.
Nice looking upward trajectory on BTC.D here.
We can see the Bitcoin Dominance BTC.D Pushing Higher Toward 60% Level.
This is a strong signal that money is flowing into Bitcoin, likely from BTC ETF's.
The biggest thing holding it back in my opinion is the DXY has been pushing higher also, but is at a resistance level, and will likely drop from here.
So we're likely close to a rally in Bitcoin, but I think we'll see a few days of retracement 1st.
Nice looking upward trajectory on BTC.D here.
25-year investor & trader, bought 1st BTC at $20
More information:
Moonstream Crypto: moonstream.io
M3 Active Trader: Moonstream.io/M3
Trading Signals: CryptoMastery.org/pro
Work With Me 1:1
moonstreamcoaching.com
More information:
Moonstream Crypto: moonstream.io
M3 Active Trader: Moonstream.io/M3
Trading Signals: CryptoMastery.org/pro
Work With Me 1:1
moonstreamcoaching.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
25-year investor & trader, bought 1st BTC at $20
More information:
Moonstream Crypto: moonstream.io
M3 Active Trader: Moonstream.io/M3
Trading Signals: CryptoMastery.org/pro
Work With Me 1:1
moonstreamcoaching.com
More information:
Moonstream Crypto: moonstream.io
M3 Active Trader: Moonstream.io/M3
Trading Signals: CryptoMastery.org/pro
Work With Me 1:1
moonstreamcoaching.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.