BTC Dominance ($BTC.D) shows how much of the total crypto market value is in Bitcoin and right now it’s at 64.54% and sitting right on a long term rising trendline! this level is very important because a breakdown could signal the start of an altcoin season! 🙌
when dominance drops it usually means money is flowing into altcoins… this can happen even if #Bitcoin doesn’t fall.. $BTC might stay flat while altcoins start gaining strength but if Bitcoin crashes hard it could drag the whole market down, including dominance..!
In short if BTC.D breaks down it could bring big opportunities for altcoins but don’t rush in before the move is confirmed.
It’s smart to wait and watch closely 👀👀