Since altcoins fail to recover, we see bitcoin dominance in a strong recovery. Investors taking their profit either to USD or Bitcoin. Where we will see a strong bounce to the upside, if it breaks the neckline. This doesn't mean necessarily that the price will follow. But it shows that investors trust might jump back to Bitcoin. Since altcoins having a hard time at the moment.
Am still neutral in this perspective, because stock markets are still in a big uncertainty.
Crypto markets tend to follow it. But Bitcoin has found strong support arround these price area's.
Am still neutral in this perspective, because stock markets are still in a big uncertainty.
Crypto markets tend to follow it. But Bitcoin has found strong support arround these price area's.
