Stoic-Trader

BTC.D - Short term pullback expected

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BINANCE:BTCDOMUSDT.P   BTCDOM / TetherUS PERPETUAL CONTRACT

In the 1H chart, BTC Dominance is finishing a 5 wave sequence and showing bearish RSI divergence. I expect a pullback to blue wave 4 level, which is the closest support.

This would favor alts against Bitcoin.

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