$BTC dominance' s bearish retest

2024년 6월 8일

#btc #bitcoin dominance has bounced after leaving the channel. Now, #btcd performing a bearish retest. If reclaims the channel BTC.d may rise. But, in my previous posts, i have said BTCD chart has an important bearish divergence (now as seen on the chart with red lines). Thus, if bearish retest succeeds, BTCD declines here and fails to enter channel, money will likely flow into #altcoins or #usdt . USDT is more likely, because #memecoins sucked the money already.
Not financial advice.