Bitcoin dominance is predicted to hit a major resistance level between 66% and 69.75% (0.786 and 0.886 Fibonacci levels) around next week (early May 2025), coinciding with the FOMC statement, where a pause is expected.
"Bitcoin dominance is going to find major resistance in this region over here. About another 2% takes you to the 0.786. That's 66% on the Bitcoin dominance chart, possibly rising just under 70%, right? That round number of 70%, you got 69.75% which lines up at your fib level at the 0.886, right? So, we eyeing out between the 0.786 and the 0.886 as the next meaningful level of resistance, right? So, I'd expect at least in this 2% region a little bit of a pause... sometime during next week, which does line up around that FOMC statement, that the um you that the Bitcoin dominance could be hitting that level coming into that date."