Bitcoin: Is Bitcoin Dominance Going to Top Soon?
BTC: Bitcoin Dominance is still unchanged and on a high level. The sideways consolidation technically leaves the door open for further upside, but a break below the ascending trend line could be an early indication for a top to be in place.
Please note: Because BTC Dominance is not a tradeable asset, the use of Elliott Wave to identify patterns does not lead to reliable results. However, we can still use the method to identify tendencies.
Please note: Because BTC Dominance is not a tradeable asset, the use of Elliott Wave to identify patterns does not lead to reliable results. However, we can still use the method to identify tendencies.
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