BTCD Continues to Fall, Due in Part to BTC Jumps

Bitcoin’s dominance rate is decreasing. That means that less people are using it than before. It dropped to 48.67% on May 23, which is less than its high of 58.94% in December 2018. BTCD resistance line BTCD has been following a line since Jan. 3, 2021. The line on March 24th caused a rejection, leading to an accelerated downward movement. On May 19, BTCD had a low of 39.66% and then it...

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