BTC Market Update: $BTC Dominance
$BTC.D has dropped after breaking down from a rising wedge pattern!
It found support at the Ichimoku Cloud ☁️ and a key horizontal level ➖.
Now it's trading above the Cloud ☁️ but below the horizontal trendline ↘️, showing market indecision ⚖️.
A retest and rejection at the wedge breakdown level ⛔ would confirm a bearish outlook 🐻.
Until then, expect some sideways movement 🔁.
Reminder: $BTC.D usually moves inversely ↔️ to the altcoin market cap 🚀.
Stay sharp!
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