🔍 BTCDOM Triangle Breakout Analysis – 1H Chart
📈 BTCDOM (Bitcoin Dominance) is consolidating within a symmetrical triangle, suggesting a breakout is near. We’re currently testing the upper trendline of the triangle pattern, with both upside and downside potential mapped out.
💡 What to watch for:
➡️ If breakout happens above 5,380, we could see a bullish surge toward 5,440–5,480.
⬇️ If it rejects and breaks below 5,310, expect a sharp drop toward the 5,200 zone.
🧠 Why it matters?
BTCDOM affects altcoin sentiment —
Rising BTCDOM = BTC strength over alts
Falling BTCDOM = Altcoin rally potential
📊 Chart by @Cryptoholic
