๐ What Weโre Seeing:
Critical Resistance Zone
๐ฅ BTC dominance has entered the 65โ66% resistance zone, a level we havenโt revisited since early 2021.
This area previously created a liquidity wick and triggered a major reversal.No Clean Breakout Yet
๐ The current price action looks like a fake breakout rather than a clean breakout.
As labeled, itโs "Not a Breakout", meaning bulls may be exhausting and a reversal is likely.Historical Context
In the past, dominance fell heavily after reaching this level โ signaling a shift of capital from BTC into altcoins.
๐ What Does This Mean for the Market?
๐ช When BTC dominance rises, it usually means:
Bitcoin is outperforming altcoins
Investors are playing it safe by sticking to BTC
Altcoins suffer pullbacks or lag in recovery
๐ If BTC dominance drops from this resistance zone:
Expect altcoins to gain momentum again
Possible start of a relief rally or altseason
๐ง Pro Insight:
This zone (65โ66%) is a turning point.
A rejection from here could lead BTC dominance down to the 60% or even 58% support.
That would shift strength toward altcoins โ a good opportunity for spot traders holding quality projects.
๐ข Final Note for Followers:
๐ Donโt panic during BTC dominance surges.
Weโre reaching a critical zone where reversal is historically likely.
โ
If youโre into spot trading and holding altcoins โ have patience.
The market moves in cycles, and a rotation into altcoins is still on the table if dominance gets rejected here.
Let Bitcoin cool off โ the altcoin time will come.
โ
With you always,
Trisha Saha โค๏ธโ๐ฅ
#SaylorBTCPurchase #SwingTradingStrategy #BTCDOMINACE #BTC.D #MarketPullback