Bitcoin dominance just punched through that downtrend line we've been watching. Could be the early signal that wave-(2) is gearing up for a move higher. Eyes on the resistance cluster sitting between 59.56% and 60.71% - that's where things might get interesting.
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ImpermanentPhilosopher
· 12h ago
The breakout has happened, and I've finally waited for this moment. Can the 59-60 range hold above? To be honest, it's a bit precarious.
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BearHugger
· 17h ago
It has broken through, can this wave hold? I feel it needs to reach over 60% to be credible.
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LootboxPhobia
· 11-30 21:24
The level has been broken, but can it really hold? Or is it another false breakout?
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RugResistant
· 11-29 14:01
ngl, that breakout looking sus to me. analyzed the pattern thoroughly and the volume profile doesn't quite add up... red flags detected on the daily. could be a fake-out before the real dump tbh. needs further investigation before i'm convinced this isn't another common attack vector on retail traders lol
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RugpullAlertOfficer
· 11-29 13:59
It's broken through, whether this wave can go up still depends on the hurdle at 59.56, that might be the real show.
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StableGenius
· 11-29 13:54
nah, empirically speaking this resistance cluster gets rejected like 70% of the time anyway. let me explain why – the math just doesn't check out for a clean wave-(2) breakout here. contrary to popular belief, btc dominance bounces are fundamentally flawed at these levels... seen this movie before, didn't end well
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BakedCatFanboy
· 11-29 13:50
Has it broken? Can the range from 59.56 to 60.71 really hold? I have a feeling it will be pierced again.
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AllInAlice
· 11-29 13:48
btc dominance has broken through, is wave-2 about to rise? Whether this time is reliable still depends on how the resistance level around 59-60 performs. If it really gets eaten through, I will believe it.
Bitcoin dominance just punched through that downtrend line we've been watching. Could be the early signal that wave-(2) is gearing up for a move higher. Eyes on the resistance cluster sitting between 59.56% and 60.71% - that's where things might get interesting.