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#MarketPullback #BTC DOMINANCE ANALYSIS BTC Dominance continues to consolidate within a rising wedge pattern and is currently facing rejection from the resistance trendline. The 21-day moving average is acting as key support just below the price action. A breakdown below both the 21MA and the wedge’s lower boundary would signal a shift toward bearish momentum, indicating a potential decline in Bitcoin’s relative strength. Keep in mind, BTC Dominance often moves inversely to the altcoin market cap—continued weakness here could favor altcoin performance.
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#USStablecoinBill #BTC DOMINANCE ANALYSIS BTC Dominance continues to consolidate within a rising wedge pattern and is currently facing rejection from the resistance trendline. The 21-day moving average is acting as key support just below the price action. A breakdown below both the 21MA and the wedge’s lower boundary would signal a shift toward bearish momentum, indicating a potential decline in Bitcoin’s relative strength. Keep in mind, BTC Dominance often moves inversely to the altcoin market cap—continued weakness here could favor altcoin performance.
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#BTC DOMINANCE ANALYSIS#BTCNextATH #BitcoinReserveDeadline #BinanceLaunchpoolSXT $BTC BTC Dominance continues to consolidate within a rising wedge pattern and is currently facing rejection from the resistance trendline. The 21-day moving average is acting as key support just below the price action. A breakdown below both the 21MA and the wedge’s lower boundary would signal a shift toward bearish momentum, indicating a potential decline in Bitcoin’s relative strength. Keep in mind, BTC Dominance often moves inversely to the altcoin market cap—continued weakness here could favor altcoin performance.
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#BTCNextATH $BTC #Write2Earn! #BinanceSquareFamily #BTC/USDT ANALYSIS Following the breakout from the falling wedge pattern, Bitcoin has shown a strong bounce and is currently trading above a key horizontal S/R level. A retest of this level is anticipated. The Ichimoku Cloud is providing support, indicating underlying strength. Keep a close watch on further price action for confirmation of the next move.
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