Rising Bitcoin (BTC) Dominance Spells Trouble For Altcoins

Bitcoin (BTC) has just closed the day above the 21 Day EMA. In our last analysis on BTC/USD, we mentioned how this could be an opportunity for the bulls to save the price. Now, this does not mean that we might see a rally to a new yearly high from here but it does mean that the price could trade sideways or stall a move to the downside for now. That being said, the price could as easily decline below the 21 Day EMA as it has already begun the

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