Week timeframe BTC dominance chart. Very nice one as it shows | 📉 Wise Analyze 📈

Week timeframe BTC dominance chart. Very nice one as it shows where BTC.D is located now - at the top of the channel. From here everything is very simple - either we see breakout with acceptance above and that will lead to 53 / 55 / 58 within visible future. Or we see rejection (maybe fake breakout before that) and dominance drop back to one of lower SR zones with final target at the bottom of the channel.

In simple words - if get rejected long every shitcoin, especially new ones that don't have much historical resistance above. If breakout and find acceptance above - short every shitcoin, especially those that overstretched.

@WiseAnalyze #BTC #Bitcoin #Dominance #BTCDominance