BTC Dominance is once again testing a key resistance zone near 6
Market Cap BTC Dominance, % CRYPTOCAP:BTC.D
This level has repeatedly capped BTC.D over the past months, acting as a structural ceiling. Each attempt into this area has failed to follow through, leading to short-term relief for altcoins.
As long as BTC.D remains below this resistance, relative strength can rotate away from Bitcoin and into alts. A confirmed breakout and acceptance above this zone would invalidate that thesis and likely signal renewed Bitcoin dominance.
Key takeaway:
Resistance holding favors alt stabilization.
Clean breakout above ~60% shifts the bias back to BTC.
source https://www.tradingview.com/chart/BTC.D/0kmyfUwH-BTC-Dominance-is-once-again-testing-a-key-resistance-zone-near-6/
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