$BTC Dominance History Repeating? BTC.D just completed a multi-

BTC Dominance History Repeating?
BTC.D just completed a multi-year bullish trend, one that stretched over 1,000 days. But here’s the key: BTC.D never went straight up — it always moved in waves, with pullbacks along the way.
BTC.D recently peaked around 66%. Every time dominance hits this range, it tends to reverse — and the current chart suggests another repeat of that cycle.
🔸 Support at 60%:
Historically, 60% has been a critical breakdown level. Once BTC.D closes below it, dominance often drops sharply toward 54%. And that’s great news for altcoins.
Why? Because BTC Dominance only falls when altcoins are outperforming Bitcoin. So a falling BTC.D isn’t bearish — it’s a signal that altcoins are taking the lead. This area has acted as a demand zone multiple times — a bounce region for altcoins.
🔸 Upside Target: 67%–68%
As per past patterns, this level acts like a ceiling. Unless a new macro trend emerges, BTC dominance seems capped there again.
A bounce and strong close back above 65%–66% would invalidate the breakdown thesis and may signal another dominance push (bearish for altcoins). Keep a close watch on the daily trend here.
🔸 Risk Level at 65%–66%
Watch if BTC.D forms lower highs within this descending pattern.
A close below 60% could trigger a sharp fall to 54.67%, historically a support zone.
Altcoin season may ignite during this BTC.D fall.
Monitor for false breakdowns or temporary wicks.
🔸 Outlook:
Bitcoin is moving — slightly — but that’s natural. The market never moves in a straight line.
What’s key here is Bitcoin’s consolidation. This sideways action is a launchpad — and when it breaks, it's likely heading toward the $130,000+ zone. Why? Because:
🔹 When altcoins outperform while Bitcoin moves sideways — that’s bullish for Bitcoin.
🔹 When Bitcoin pushes forward and alts lag — that’s bullish for alts.
Right now, the market is one, and everything points toward coordinated growth.
#bitcoin
source https://www.tradingview.com/chart/BTC.D/TAgqgHQz-BTC-Dominance-History-Repeating-BTC-D-just-completed-a-multi/
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