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🔍 ANALYSIS OF DOMINANCE #BTC
BTC Dominance ($BTC.D) continues to consolidate in an upward channel, bouncing off the 21MA, which is now acting as key support. This is an important moment, as the further movement will determine the market dynamics.
⚡ What does this mean for altcoins?
If $BTC.D is decreasing while BTC remains bullish or sideways, it is a signal for alt growth.
If $BTC.D is increasing or remains strong, a correction in the altcoin market is possible.
The current structure requires confirmation, so it is important to monitor the reaction at the support level and the movement of Bitcoin.
🔔 Keep an eye on the dynamics — the market can provide excellent opportunities!
BTC Dominance ($BTC.D) continues to consolidate in an upward channel, bouncing off the 21MA, which is now acting as key support. This is an important moment, as the further movement will determine the market dynamics.
⚡ What does this mean for altcoins?
If $BTC.D is decreasing while BTC remains bullish or sideways, it is a signal for alt growth.
If $BTC.D is increasing or remains strong, a correction in the altcoin market is possible.
The current structure requires confirmation, so it is important to monitor the reaction at the support level and the movement of Bitcoin.
🔔 Keep an eye on the dynamics — the market can provide excellent opportunities!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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