$BTC DOMINANCE ANALYSIS
BTC.D has broken down from the symmetrical triangle and confirmed the move with a clean retest below the structure.
That rejection signals sellers are defending the breakdown level, increasing the probability of further downside in dominance.
Price is also trading under the Ichimoku cloud, which reflects bearish momentum and trend continuation.
As long as BTC.D stays below the broken trendline and cloud resistance, we can expect more strength in altcoins relative to BTC.
A reclaim back above the triangle would invalidate this bearish bias.