Bitcoin's dominance just slipped below the 20-week moving average, marking a critical technical shift. The parallel to 2019 is striking, and the chart patterns suggest we might be lining up for a similar trajectory this cycle.



Right now, BTC dominance is testing that crucial resistance zone around the 20-week MA. If it fails to reclaim this level, we could see a significant breakdown. Breaking above it, on the other hand, would confirm the bulls are still in control. Either way, this moving average has become the battlefield—watch how price action responds at this flashpoint.
BTC0,51%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
UnluckyLemurvip
· 3h ago
Will the history of 2019 repeat itself? I can't bet on that.
View OriginalReply0
BearMarketSurvivorvip
· 18h ago
Is this another 2019 remake theory? Every time it's said that history repeats itself, but what’s the result? A break is a break, don’t use the "battlefield" rhetoric. Wait until BTC really drops below, then talk. What’s the point of shouting now? It's just the 20-week moving average, already played out long ago. This time really is different, you guys are still too optimistic.
View OriginalReply0
DeFi_Dad_Jokesvip
· 18h ago
Haha, 2019 remake? We're really daring to rehash this round --- 20-week moving average lost support, feels like the story is just beginning --- Talking about the 2019 pattern again, but is it really the same this time... --- Dominance is just a psychological game; whoever believes will take the plunge --- If we can't break this line, we need to find new support --- Watching charts and telling stories every day is less exciting than observing the market's real reactions --- Actually, a loosening of BTC dominance might not be a bad thing for altcoins --- 20-week MA has become a "battlefield"? Sounds like big moves are coming
View OriginalReply0
BearMarketSurvivorvip
· 18h ago
The 20-week moving average has been broken again, and we're talking about 2019... Can it be the same this time? I really don't believe it. --- If it can't be broken, then it can't be broken. Don't always think about parallels or trajectories; the market never repeats itself. --- Loss control first. Wait for it to confirm the direction before taking action. Entering now is just sending supplies. --- Honestly, the key is whether this defensive line can hold. Everything else is nonsense. --- Thinking of the 2019 approach again... Bro, have you managed your position properly this time?
View OriginalReply0
Token_Sherpavip
· 18h ago
ngl the 2019 parallel is getting recycled harder than a ponzinomics white paper at this point... still watching tho, can't ignore the ma break if it holds
Reply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)