#BTC coin Dominance is attempting to break above the horizontal supply zone following a breakout from the descending triangle pattern.
The Ichimoku Cloud is acting as a support, indicating underlying strength.
A confirmed breakout above the supply zone would signal a bullish rally in dominance. Keep a close eye on the price action for confirmation.
It’s important to note that BTC Dominance often shares an inverse relationship with the altcoin market cap.
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