#Bitcoin Dominance Technical Analysis (1D Chart)

Bitcoin Dominance is currently hovering around 63.40% after facing a rejection from the 63.70% resistance zone. This level acted as a bearish retest, indicating that altcoins may gain momentum if dominance continues to decline.

The dominance chart shows that $BTC .D has failed to break above previous highs, forming a lower high around 63.70%, which is a classic sign of weakness. A sustained drop below the 63.00% mark could trigger further capital rotation into #altcoins❗️ especially Ethereum and mid-cap assets.

If Bitcoin Dominance continues to fall, expect altcoin season signals to strengthen in the short to mid-term. However, a strong bounce above 64% may invalidate this outlook and shift focus back to BTC strength.

Sentiment: Neutral to Bearish on BTC Dominance