Hi everyone,
wish y'all have a profitable life ๐
๐ I can see some raise in Bitcoin's dominance in parallel with the Bitcoin price growth.
โ ๏ธ BUT, I still am not completely sure if this growth is smart money or a possible bull-trap, however I trade EXTREMELY carefully nowadays, plus I need to see the 44k zone to be broken and watch the volume indicator CAREFULLY.
๐ I personally think that the 50% zone needs to be tested!
โ ๏ธ This growth is not a good NEWS for the Alt-coins.
THIS IS NOT A FINANCIAL ADVICE
PEACE ๐๐
wish y'all have a profitable life ๐
๐ I can see some raise in Bitcoin's dominance in parallel with the Bitcoin price growth.
โ ๏ธ BUT, I still am not completely sure if this growth is smart money or a possible bull-trap, however I trade EXTREMELY carefully nowadays, plus I need to see the 44k zone to be broken and watch the volume indicator CAREFULLY.
๐ I personally think that the 50% zone needs to be tested!
โ ๏ธ This growth is not a good NEWS for the Alt-coins.
THIS IS NOT A FINANCIAL ADVICE
PEACE ๐๐
If the lower band couldn't hold the Dominance, the analysis needs to be updated