🔊 Bitcoin Dominance Update – Clear signal for those following the major trend!
📊 Since March 2023, BTC Dominance has been moving sideways in a parallel channel.
⚠️ In December 2024, it attempted to breakdown but quickly returned to the channel.
✅ Currently, BTC Dominance has successfully broken out of the channel!
🚀 BTC is rising strongly, but Altcoins are still struggling – the main reason is that BTC Dominance is completely in control.
📈 Today, BTC Dominance has reached an ATH in this cycle – showing no signs of stopping.
⛔ Next resistance level: 70–72% – the peak in the previous cycle.
📉 Altseason will NOT occur if dominance has not decreased.