🚨 Bitcoin Dominance is trending inside a Channel Up and it's still holding.
BTCDOM/USDT is forming a Channel Up on the 5M chart. 3 resistance touches and 5 support touches are visible, with price climbing steadily from 5452 toward the 5470 zone.
Why does this matter? Bitcoin Dominance rising means BTC is outpacing altcoins. It's one of the most important macro charts in crypto right now.
Two scenarios:
→ Price breaks above resistance = BTC dominance continues climbing, possible altcoin pressure
→ Price breaks below support = channel fails, possible altcoin relief
No confirmed breakout yet.
Spotted using ChartScout.
⚠️ DYOR. Not financial advice.
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