Major Resistance Ahead?
This simple line (58%) used to act as a major support for BTC Dominance in 2019 and 2020. Since breaking below this support level dominance has not been able to reach this level until now. A major reversal is possible around 58% level since this old support can potentially act as a major resistance level for this cycle. Only time will tell what is to come and I cannot absolutely be sure that this level will be the top for BTC.D this cycle.
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