🔍 BTC Dominance Analysis – 4H Chart
Dominance is still respecting the ascending channel, despite the recent dip.
It wicked below channel support but quickly recovered, showing resilience.
Currently hovering around 64.76%.
📊 Next Move Scenarios:
🚀 Bullish Case (BTC.D ↑):
➡️ A bounce here and a push toward the top of the channel (~65.5%) would signal capital flowing back into BTC.
💔 This would likely result in altcoin weakness, especially ETH/BTC and small caps.
📉 Bearish Case (BTC.D ↓):
⚠️ A confirmed breakdown below the channel + dotted white trendline would mark a shift in momentum.
💸 Expect a capital rotation into altcoins.
⚡ BTC.D holding = altcoin bleed
🌱 BTC.D breakdown = altseason hopes alive
🔎 The next 1–2 candles are crucial — watch for rejection at the mid-channel line or a clean breakdown from support! 👀