Bitcoin Dominance Breaks Three-Year Uptrend as Alts Rally

Reading Time: 2 minutes Bitcoin dominance last week fell through a three-year upward trendline It is now sitting on a critical support level Given Bitcoin’s performance this year, we can likely anticipate a Bitcoin run soon Bitcoin dominance has fallen through a three-year uptrend, resulting in a further huge push from alts. The trendline, which has been in play ever since the end of the January 2018 alt season, has been a dependable place for Bitcoin dominance to bounce following alt rallies, but it appears that the current alt rally has been too strong. It is now sitting at a critical support level, and
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