Update on the Market for High Net-Worth Individuals: Bitcoin Dominance ($BTC )
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The BTC.D price was rejected at the resistance trend line of the ascending wedge pattern. A decline is expected, and if it continues to drop and breaks the wedge level - followed by a successful retest from below - that will be a bullish signal for altcoins, as Bitcoin dominance is usually inversely related to the market cap of altcoins.
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- Binance Killers®