Posted March 19Mar 19 BTC Dominance (BTC.D) 4H Chart Analysis📊 Bitcoin Dominance is at a Key Decision Point! 📊🔹 Current BTC.D: 61.60%🔹 Resistance Zone: 62.00% - 62.40%🔹 Support Zones:✅ Immediate Support: 61.40%✅ Major Support: 60.40%📉 Bearish Scenario:BTC Dominance is forming a descending triangle pattern, indicating a potential breakdown if support fails.A break below 61.40% could trigger a further drop towards the 60.40% major support zone.This could signal strength in altcoins, as capital flows out of BTC.📈 Bullish Scenario:If BTC.D manages to hold above 61.40% and breaks the descending trendline, we could see a move towards 62.40%.A breakout above 62.40% could push BTC dominance towards new highs, potentially weakening altcoin momentum.🚀 Key Levels to Watch:🔸 Breakout Above 62.40% → BTC Strengthens, Alts Suffer🔸 Breakdown Below 61.40% → Altseason Incoming?🔥 Stay tuned for the next move! Do you think BTC dominance will break up or down? Comment below! 👇#BTC #BitcoinDominance #CryptoAnalysis #Altcoins
BTC Dominance (BTC.D) 4H Chart Analysis
📊 Bitcoin Dominance is at a Key Decision Point! 📊
🔹 Current BTC.D: 61.60%
🔹 Resistance Zone: 62.00% - 62.40%
🔹 Support Zones:
✅ Immediate Support: 61.40%
✅ Major Support: 60.40%
📉 Bearish Scenario:
BTC Dominance is forming a descending triangle pattern, indicating a potential breakdown if support fails.
A break below 61.40% could trigger a further drop towards the 60.40% major support zone.
This could signal strength in altcoins, as capital flows out of BTC.
📈 Bullish Scenario:
If BTC.D manages to hold above 61.40% and breaks the descending trendline, we could see a move towards 62.40%.
A breakout above 62.40% could push BTC dominance towards new highs, potentially weakening altcoin momentum.
🚀 Key Levels to Watch:
🔸 Breakout Above 62.40% → BTC Strengthens, Alts Suffer
🔸 Breakdown Below 61.40% → Altseason Incoming?
🔥 Stay tuned for the next move! Do you think BTC dominance will break up or down? Comment below! 👇
#BTC #BitcoinDominance #CryptoAnalysis #Altcoins