#BTCDominance on Crucial Support – What’s next for altcoins?🚨
Hello, traders,
This is exactly the scenario I was expecting! Let’s talk about Bitcoin dominance – it is currently at a key support zone that has held several times in the past.
If BTC.D breaks this level, we could witness a rise in altcoin dominance, potentially leading to an altseason movement. But if it holds and bounces back, BTC.D may aim for a new high, which could trigger another bearish phase for altcoins.
This is a critical moment – be cautious and watch the market reaction. Personally, I lean towards a downward breakout (which means a rise in altcoins).
Let’s see how this unfolds!
Are you team #altseason or do you expect another dip?
Leave a comment below with your thoughts 🤔