Bitcoin Dominance is Still in Accumulation ZonesteemCreated with Sketch.

in Project HOPElast year

Even Bitcoin dominance pumped and broke up great resistance, it is still in accumulation zone since 2021. After great 2021 altcoin season, Bitcoin dominance couldn't recover their value..

It is still in this acculumation zone where is between 47%-39%.

Will it break up?

Ekran Resmi 20230323 22.03.48.png

If Bitcoin breaks up this zone, we will see mega bullish season for Bitcoin. It is accumulated for 2 years.

Here you can see weekly chart of Bitcoin dominance. There was a great resistance coming from 2019 and it is broken up. RSI Indicator tested 3 times before. So, Accumulation zone may be broken up!

Ekran Resmi 20230323 22.04.29.png

We may see Bitcoin Dominance over 50%. We will see..

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The fact that the resistance at $28,000 has been broken is a good sign that we are close to breaking from the downtrend to the uptrend.

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