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BTC and BTC DOM, Reversal or Continue?
Market Cap BTC Dominance, %
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BTC and BTC DOM, Reversal or Continue?
由trieutv提供
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2023年6月29日
1
2023年6月29日
Hi traders,
This is my POV about
BTCUSD
On weekly TF, BTC's trading around 30150 now.
You can see BTCDOM's over ATH 2021 and 2022, now it's nearly 52%.
I see some good signals
- RSI Overbought, not divergence
- MACD > 0, going up
- ADX > 40, strong strength.
- Price's a big green candle, it shows buyer pressure.
BTC on 4H TF
https://www.tradingview.com/x/a9B0c3Du/
It's in Triangle Pattern.
My opinion is Bitcoin will breakout and go up to $38,000 - 39,000. That range has a lot of touching in the past.
Wait and see the market react
binance
Bitcoin (Cryptocurrency)
btcdominance
Cryptocurrency
layer1
Multiple Time Frame Analysis
Support and Resistance
tradervietnam
Triangle
trieutv
uptrend
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