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BTC.D:
#Bitcoin dominance on the monthly timeframe clearly shows the current scenarios and potential movements. Currently, it is hovering at a strong monthly resistance zone. If the resistance holds strong, then we might see a rejection now and witness it retracing down to lower levels. This would indeed be favorable for altcoin movements and possibly signal the start of a bull run.
In case it breaks out, we might see choppy market conditions persist despite BTC movements.
We will endeavor to keep you updated accordingly.
#btcd #dominance #crypto