#BTC.D Corrected from the 64.74% area and is now back within the range, sitting near the lower channel support, which is barely holding.

In my opinion, as long as BTC continues its current upward momentum, dominance will likely decline, as we've seen recently. However, if BTC pulls off a sudden move, such as printing a 4h candle with a spread of over $5k, it could shift market participants' attention from #Alts back to BTC. That’s when BTC.D may start rising again.

For now, if the chart breaks below the marked RSI trendline, further downside is likely.

#Altseason #Btc