BTC.D with bearish divergences = alt season
hi traders,
BTC Dominance is showing multiple bearish divergences on the daily timeframe.
Price has been making higher highs, while the RSI has been making lower highs—a classic bearish divergence signal that often precedes downside moves.
We saw this exact pattern earlier in the chart:
BTC.D printed a series of bearish divergences in Q2–Q3
Shortly after, BTC dominance dropped sharply
Altcoins rallied strongly, effectively kicking off an alt-season
Now, BTC.D is once again forming fresh bearish divergences, and RSI is rolling over aggressively from overbought levels. The setup suggests that BTC dominance may be ready for another corrective move to the downside—similar to what happened last time.
If BTC.D breaks lower as projected, capital could rotate into altcoins again, triggering another alt-season-style environment.
Overall expectation:
➡️ BTC.D down
➡️ Altcoins up
➡️ Potential repeat of previous alt-season following bearish divergences
source https://www.tradingview.com/chart/BTC.D/q1ABtSPy-BTC-D-with-bearish-divergences-alt-season/
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