Retest Done | BTC Dominance Dropping! Altcoin Ready To Fly

Assalamu Alaikum friends,
Very soon a big pump will be seen in the market, through which the altcoin rally will start. There are many traders who have invested in altcoins in 2021 or 2022. In that time zone, the market cap of altcoins was high. Due to which, the entry point of those investors was at the top. Due to this, those investors are now very depressed. This time it is time to push those depressions away. Bitcoin's dominance has started dropping. In today's blog, I will discuss that:

Bitcoin's dominance started to drop from $5700 on the above chart. This drop continued and stopped at the $4400 support and tried to settle at this support for some time. However, instead of allowing that attempt to succeed, it broke the $4400 support and dropped to $4200.

Bitcoin's dominance started pumping again from $4200. And the $4400 support is acting as resistance. Dominance tried to break the resistance several times, but could not succeed in any way. At one point, it fell below the resistance again.

And this whole process is called the retest process of Bitcoin dominance. This retest process plays an important role in the case of a coin pump or dump. In the case of Bitcoin dominance dumping, this retest process will play a very good role and will help in catching the all-season rally.