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#BTC.D

Bitcoin dominance (the altcoin killer) is putting as much pressure as possible on altcoins. Right now, it's approaching its weekly downtrend (purple line) + forming a negative divergence + entering a horizontal resistance zone (red box). In my opinion, the chance of a drop in this area is high.  

🔴 The downside risk: If these resistance levels break, altcoins could get crushed—things could get really ugly.

Solidity Developer | Animator
Warpcast♥️

Lol, BTC dominance really thinks it's the main character now, huh? Just chillin' at the resistance zone like it's on a vacation. Hope altcoins packed their bags for the drop!