Another follower, a follower, says that Bitcoin may have another mob. BTC.
A pseudonym known as Rekt Capital Recount The number of its followers of 546,300 may be on the social media platform X that the Bitcoin dominance scale (BTC.D) may reach its climax soon, opening the doors of Altcoins to ignite the explosive moves to the upper direction.
BTC.D calculates the maximum amount of the Crypto market belonging to BTC. The peak bitcoin dominance scheme indicates that Altcoins is close to overcoming BTC.
“Bitcoin’s dominance has one final leg in its upward road to 71 % (red). Any decrease in 64 % will be a test. A successful re -test enables the continuation of the final road to 71 % (green box).”
At the time of this report, Bitcoin is currently 64.82 %.
Next, analyst He says Bitcoin needs to get a main support level at $ 93,500 on the weekly chart to maintain the upscale momentum.
“Bitcoin has rejected low high resistance (black diagonal). Movely, Bitcoin will need to keep a set of less than $ 93,500 to confirm completely restoring the range.”
Finally, the analyst He says Bitcoin may follow a similar pattern seen in April 2024 on the weekly graph, eventually reaching the highest level ever if it is turned on.
“This idea was first explored in mid -October 2024 and it actually ended with playing. That will be poetry if Bitcoin is repeated history and followed up on the same path in this current scope as well. To repeat the date, BTC will need to:
- Rejection of $ 99,000.
- Hold 93,500 dollars.
- Breaking 97,000 dollars -9,000 dollars.
- Rejection of 104,500 dollars.
- Hold 97,000 dollars -99,000 dollars as support.
- The outbreak of its highest levels ever. “
Bitcoin is trading for $ 94,604 at the time of writing, a decrease of 1.1 % in the past 24 hours.
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