BTC Dominance Breakdown Signals Potential Altcoin Expansion
Market Cap BTC Dominance, % CRYPTOCAP:BTC.D
Bitcoin dominance has lost its rising support structure, breaking down after multiple rejections near the upper range. This invalidation suggests a shift in market structure, with capital starting to rotate away from BTC.
As long as BTC.D remains below the broken trendline, downside continuation is favored, which historically creates favorable conditions for altcoins to outperform. A sustained move lower would confirm broader participation across the market rather than BTC-led dominance.
Bias: Bearish BTC dominance . Constructive for altcoins
Invalidation: Reclaim and hold above the broken trendline.
source https://www.tradingview.com/chart/BTC.D/y6RldSyW-BTC-Dominance-Breakdown-Signals-Potential-Altcoin-Expansion/
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