Major Resistance Ahead?

24 באוג׳

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.