The decline in Bitcoin's dominance opens the doors for altcoins?!
The Bitcoin Dominance Index (BTC Dominance) clearly indicates that the market is preparing for a big move!
Currently, the dominance is at 62.84% after failing to overcome the moving average, and with the emergence of a clear descending top pattern, we can see a drop towards levels of 61% or even below that.
The red line at 60.94% represents strong support, and its break will be a clear signal for the start of the altcoin season (Alt Season), especially with the influx of new liquidity from Ethereum and some strong coins.