🚨 BTC Dominance - Market Update āš ļø

BTC Dominance is currently trading around 65.12%, showing bullish continuation after a breaking the immediate resistance from the key support zone.The overall structure remains bullish above the old high.

šŸ“Œ Current Market Structure:

āœ… Price respected the 64.61% support zone and bounced back with steady bullish candles

āœ… Previous demand zone at 64.10%–64.20% continues to act as a strong base for bullish continuation

āœ… Bullish structure remains valid as long as price holds above 64.96%

šŸ”¹ Resistance Zone: 67.50%-71.50 (marked supply zone)

šŸ”¹ Support Zone: 64.61%–64.50% (recent retest area), 64.10%–64.20% (previous demand)

šŸ“‰ Bearish Scenario:

If BTC dominance breaks below 64.50% and fails to reclaim it, we could see a deeper correction toward the 64.10%–64.20% demand zone, potentially allowing altcoins to catch some momentum.

šŸ“ˆ Bullish Scenario:

Sustained trading above 64.95% keeps the bullish outlook intact. While if the daily candle closes above 64.96% could trigger a fresh rally in BTC dominance, putting additional pressure on altcoins.

šŸ“Š Conclusion:

BTC dominance is at strong bullish momentum above key demand zones. As long as 64.96% holds, the bias remains bullish with potential for BTC to continue outperforming the altcoin market.

$BTC