#Bitcoin Dominance is now heading towards the downtrend line resistance (around 42% level). If Dominance rejected from the downtrend line then we see a retest of 40% support again and a small rally in altcoins. If Dominance break the downtrend line resistance then we see a retest of 44% levels and altcoins will lose their value in this case. Hold your positions with stop loss and keep an eye on Bitcoin dominance. #BTC Bitcoin still trading above the support zone and also above the trading range. Nothing has changed yet and market structure is bullish. Bitcoin is in consolidation phase and we may see more sideways movement before breakout out. The support for now is $47,300 and then $46,000 area.
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