$BTC.D 4h
Market Cap BTC Dominance, % CRYPTOCAP:BTC.D
Bitcoin Dominance has broken down from the Ascending Channel and aiming Head & Shoulders pattern, signaling a potential shift in market momentum.
After several higher lows, price failed to sustain the uptrend and confirmed a downside breakout, suggesting money may start rotating back into altcoins.
Trend Bias: Bearish
Pattern: Ascending Channel → Downside Breakout and forming Head $ Shoulders pattern
Implication: Altcoins could gain short-term strength while BTC dominance cools off.
#BTCD #BitcoinDominance #Altcoins #CryptoMarket
source https://www.tradingview.com/chart/BTC.D/vHuEvrGJ-BTC-D-4h/
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