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2025-05-01
15:21
BTC Dominance Analysis: Key Resistance at 65.34% – Trading Insights and Trend Reversal Probabilities

According to @rektcapital, BTC dominance has exhibited remarkable strength since November 2022, with each resistance level acting as a significant checkpoint for traders. The current focus is on the 65.34% resistance; market data indicates that price tends to pull back near resistance levels, but the depth of these pullbacks is critical for determining the probability of a trend reversal. Traders are closely monitoring whether BTC dominance respects the 65.34% level, as a shallow pullback could signal continued bullish dominance, while a deeper retracement may suggest a possible trend shift (Source: @rektcapital on Twitter).

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