Bitcoin dominance, 4h Chart
Spotted falling wedge, however there are two conditions to take note of:
- If this pattern gets invalidated, i.e, pattern gets broken and continues to come down (BTC.D% keeps coming down)
- if bitcoin moves up, which will also mean that altcoins will move up
So far, Bitcoin has tested support 3 times on the 4h chart, Bitcoin should rise but given the fundamentals this time, we should wait for confirmation instead.
- If this pattern gets invalidated, i.e, pattern gets broken and continues to come down (BTC.D% keeps coming down)
- if bitcoin moves up, which will also mean that altcoins will move up
So far, Bitcoin has tested support 3 times on the 4h chart, Bitcoin should rise but given the fundamentals this time, we should wait for confirmation instead.
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