BTC Dominance (BTC.D) 4H Chart Analysis

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