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One platform for global traditional assets
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Alpha Points
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#BTC DOMINANCE ANALYSIS
#Bitcoin Dominance is currently consolidating within a descending triangle pattern. The Ichimoku Cloud is acting as support beneath the current price action, indicating underlying strength. We need to wait for a decisive breakout above resistance or a breakdown below support to confirm the next directional move. Keep a close eye on the upcoming price action. It’s important to note that $BTC Dominance often shares an inverse relationship with the #altcoin market cap. #crypto