Bitcoin's dominance has managed to break through its key trendline, which could mean we're entering wave (2) territory right now. The broader bearish setup still holds weight—but only if price manages to stay below that critical 60.06% resistance zone. Once that level cracks, the whole scenario shifts. Keep monitoring this space closely.
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OnChainArchaeologist
· 4h ago
60% Is that threshold really so critical? I feel like I hear this kind of statement every time, haha.
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4am_degen
· 01-13 09:58
BTC has broken through support. Is this wave really going to rebound... I'm still a bit confused.
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FlyingLeek
· 01-13 09:56
60.06% If this critical level is broken, you need to adjust your thinking. It's really hard to say right now.
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OnlyUpOnly
· 01-13 09:43
Break below? Let's see if it can hold above 60.06 first. If this wave goes up, the entire logic would be reversed.
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SigmaBrain
· 01-13 09:40
The 60.06% level is indeed risky; if it breaks, you need to change your approach.
Bitcoin's dominance has managed to break through its key trendline, which could mean we're entering wave (2) territory right now. The broader bearish setup still holds weight—but only if price manages to stay below that critical 60.06% resistance zone. Once that level cracks, the whole scenario shifts. Keep monitoring this space closely.