Bitcoin Acquisition Update:
BTC Dominance
• The dominance has bounced back from the second support area at 60.45%. This support area is very strong and requires the dominance to rise slightly before continuing to drop.
• If it stabilizes above 60.45% and closes above it for two days, dominance may rise to 62.08%.
• The positive aspect of the dominance is that the general upward trend of dominance has been broken, which is a promising start for excellent movement in cryptocurrencies unless it returns above the trend again.
