$BTC #BTC Dominance Analysis
BTC Dominance remains in a rising wedge, facing rejection at the upper resistance trendline. The 21-day moving average provides crucial support just below the current price.
A drop below the 21MA and the wedge’s lower trendline could confirm bearish momentum, suggesting a weakening in Bitcoin’s market share.
Note that BTC Dominance typically moves opposite to altcoin market cap—sustained weakness may boost altcoin performance.