#BTC DOMINANCE ANALYSIS

BTC Dominance continues to consolidate within a rising wedge pattern, and it is currently facing rejection from the resistance trendline. The 21MA is providing key support just beneath the price action.

A breakdown below both the 21MA and the lower boundary of the wedge would confirm a shift toward bearish momentum, signaling weakness in Bitcoin’s relative strength.

It’s important to note that BTC Dominance often shares an inverse relationship with the altcoin market cap.