What it means for Bitcoin & Altcoins
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📈 Current Setup:
Bitcoin Dominance (BTC.D) is currently trading inside a well-defined rising channel on the 4H chart.
✅ Support is holding strong at the lower boundary (marked by green arrows)
🔼 A bounce is likely toward the upper resistance zone around 65%
⚠️ A rejection there could send it back to retest support again
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🔍 Why BTC Dominance Matters:
Rising Dominance → Capital flowing into BTC, putting pressure on altcoins
Falling Dominance → Possible relief rally for altcoins
BTC.D acts as a macro sentiment gauge for the entire crypto market
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⚙️ Key Takeaway:
Watch for a clean bounce to the top of the channel → BTC strength continues
A breakdown below channel support → Could signal a bullish phase for altcoins
Stay flexible and let the chart lead your decision-making
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📌 Strategy Tip:
Keep an eye on BTC.D if you’re rotating between BTC and alts
Don’t chase moves — wait for confirmations at key levels
Consider adjusting your portfolio based on dominance momentum
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⚠️ Disclaimer:
This content is for informational purposes only and does not constitute financial advice. Always do your own research (DYOR) and manage your risk effectively.
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