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.