Bollinger pattern activation predicts strong movement in the Bitcoin dominance chart in the coming sessions. The most likely.
Bitcoin’s halving has passed, and the asset is brushing up against long-term resistance at the top trend line of a nearly.
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One trader is flipping short on Ethereum, noting that his bullish thesis is being invalidated by the weak price action seen.
This rebound allowed Bitcoin to thwart a “death cross” that was forming on its 4-hour chart, while also confirming a bullish.
ETH/USD had a similar dip but didn’t lose its daily uptrend like Bitcoin which means Ethereum is stronger than BTC right now.