Bitcoin dominance just had a change in character. I expected $BTC.D to retest the blue level & potentially use it as support, as it already did a few months ago... But this morning, literally right now, we're seeing a breakdown. In other words, a lower low. Let me be clear... The multi-year uptrend in BTC.D is intact. However, you can make the case that we've entered a downtrend based on this lower low, which still needs a lower high to confirm it. So far, we've still achieved higher highs. This will be a big test here for two reasons: 1. Where will the lower low form? 2. Will the lower high form, and when/where? These are arguably the two most important crypto questions right now. Good luck.
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