Bitcoin Technical Analysis BTC USD losing market dominance as altcoins rally

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ken.sullivan99
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Bitcoin Technical Analysis #BTC #USD losing market dominance as altcoins rally
http://ntvforex.com/news/?id=0ad532. . 1 minutes ago ..BTC #USD remains flat unable to break above $9,350 or below $9,100. .The Bitcoin price is currently at $9,208 after losing both daily EMAs. .Bitcoin is losing all of its volatility while many altcoins are experiencing massive bull rallies to 2020 highs and even all time highs. Bitcoin s dominance has dropped to 62% from a 69.6% high on May 15. It s clear that Bitcoin s lack of action is making investors interested in other coins, especially low market cap coins and DeFi products. .BTC #USD daily chart..Bitcoin is continuously dropping below the daily 12 EMA and closing above it most of the time. A clear loss of this EMA and a close below $9,100 will indicate a significant shift in momentum and will favor the bears..Even if the bears can bring Bitcoin down to $9,000, this support level is extremely robust and will need a lot of trading volume to be broken.
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Crypto Trading
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