#BTC DOMINANCE ANALYSIS


#Bitcoin Dominance has broken down from the descending triangle #pattern with strong volume confirmation and is currently #trading below the horizontal supply zone. A breakout above this supply zone would signal a #bullish #shift in dominance. A retest of the breakout level is also likely from here. However, if the retest fails, price may continue to consolidate within the broader structure. It’s important to note that $BTC Dominance often shares an inverse relationship with the #altcoin market cap. #crypto
BTC-1,91%
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