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BTC dominance at 57%: Is a breakout to 60% next?
Published: Aug 27, 2024
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Current State
BTC dominance has continued to move within the long-standing rising wedge on the weekly timeframe, which has been developing for over two years. As BTC.D approaches the apex of this formation, the market remains at a critical juncture where a major move is imminent.
Key Observations:
Resistance: The 57% region continues to serve as a significant resistance level....
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