๐ง BTC Dominance is Breaking Out: Altcoins in Danger Zone ๐จ
The market just gave us the signal โ BTC Dominance (BTC.D) is pushing toward a breakout above the 64.5% resistance level. Weโre seeing a textbook ascending triangle structure on the 4H chart, which often precedes explosive moves.
๐ Whatโs Happening:
โข BTC.D is currently hovering around 64.2%, testing the top of the triangle.
โข Volume is starting to increase โ a breakout looks imminent.
โข Historically, this pattern signals altcoin underperformance and capital consolidation into Bitcoin.
๐ฃ What This Means for the Market:
โข Altcoins are bleeding again, confirming the recent bounce was a fakeout or liquidity trap.
โข If BTC.D breaks above 64.5%, we could see a fast move toward 65.5%โ66%, accelerating the altcoin sell-off.
โข Bitcoin could either rally or stay sideways, but alts are the ones taking the hit regardless.
โ ๏ธ Key Takeaways:
โข This is not the time to chase altcoin pumps โ theyโre getting crushed against BTC.
โข Until BTC.D breaks down or consolidates, the trend favors Bitcoin over alts.
โข Watch for breakout confirmation above 64.5% with strong volume.
๐ Survival Mode for Alt Traders:
โข Hedge alt positions or reduce exposure short-term.
โข Focus on BTC or BTC-related plays (like ETFs, miners, or BTC pairs).
โข Consider shorting weak alt setups or moving to stablecoins for now.#MarketPullback
