Bitcoin dominance, which returned from 59.77% support on 14 February and started to force the resistance of 62.2%, is now at 61.6%.
When the MA/EMA 50-200 indicator is added to the chart, it seems like death cross is coming. As you can see in the chart, there was a drawdown from 65% to 55% in the previous death cross.
Will there be a death cross and will there be a decrease at the same rate, we will see in the coming days.
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