BTC Dominance Retests 50 EMA — Alt Season Loading?

Market Cap BTC Dominance, % CRYPTOCAP:BTC.D

unichartz

BTC dominance broke below the 50 EMA and is now retesting that zone after a sharp correction.

If it fails to reclaim the EMA, we could see dominance sliding lower, giving room for altcoins to rebound.

But a clean reclaim above this level might extend BTC’s lead a bit longer before the next rotation.

DYOR, NFA

source https://www.tradingview.com/chart/BTC.D/FGcTnfoP-BTC-Dominance-Retests-50-EMA-Alt-Season-Loading/