BTC Dominance HTF View
Clear rejection from a major multi-year resistance trendline, keeping the broader high time frame structure intact.
With this in place, the long-term range remains well defined.
So yeah, based on the structure, a gradual move toward the multi-year support region around 42–44% cannot be ruled out.
The key factor here is timing.
Such moves do not happen quickly. They develop slowly as capital rotates across the broader market.
At this stage, the structure is clear.
The only variable is the pace at which it plays out.
x.com/i/status/2024042060962222521
Clear rejection from a major multi-year resistance trendline, keeping the broader high time frame structure intact.
With this in place, the long-term range remains well defined.
So yeah, based on the structure, a gradual move toward the multi-year support region around 42–44% cannot be ruled out.
The key factor here is timing.
Such moves do not happen quickly. They develop slowly as capital rotates across the broader market.
At this stage, the structure is clear.
The only variable is the pace at which it plays out.
x.com/i/status/2024042060962222521
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