Post #48989

#BTC DOMINANCE ANALYSIS Bitcoin Dominance is currently trading within the horizontal demand zone of a descending triangle pattern. The Ichimoku Cloud is acting as a resistance barrier, indicating bearish momentum. A breakdown of this structure could lead to further downside in dominance, potentially fueling a bullish rally in the altcoin market. However, a rebound from this demand zone is also possible, so keep a close eye on price action for confirmation. It’s important to note that BTC Dominance often shares an inverse relationship with the altcoin market cap.