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$107K Or $135K, What's Next for Bitcoin Price as BTC Dominance Approaches 2020 Resistance

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Summary
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58% Informative

Bitcoin 's market cap dominance has reached 65% , and it is testing the same resistance level it did in 2020 before a major breakout.

Bitcoin price edged higher on July 10 , as it created a fresh record high at $ 111,999 .

At press time, this dominance was at 65.38% , which was sitting at a strong resistance level.

Bitcoin has been facing rejection at this resistance level several times, and there are still no signs to show that this time might be any different.

Bitcoin might retreat after forming the recent high, with the immediate support being below $ 107,000 .

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