Bitcoin Dominance (21/07)
📌 Current Situation:
Bitcoin dominance has broken the support area at 64.50% – 64.67%, and is currently heading towards the next support at 59.57% – 59.88%, which is a positive signal for alternative cryptocurrencies if this trend continues and holds below this area.
📌 If the break and hold below 59.57% – 59.88% occurs:
A continued decline is expected, which will enhance the movements of alternative cryptocurrencies and increase their dominance in the market.