#altcoins
You're absolutely right to point that out โ and itโs a key observation for anyone watching macro crypto cycles.
Letโs break this down:
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๐ BTC Dominance: 2-Year Broadening Wedge
The ascending broadening wedge pattern is typically bearish, especially when forming over such a long timeframe.
Broadening wedges reflect increasing volatility and indecision, and often resolve downward after a slow upward grind.
BTC dominance has been failing to sustain breakouts, and showing signs of exhaustion near the upper trendline โ clear red flags.
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๐ง What This Means If It Breaks Down
BTC.D going down = More capital flowing into altcoins relative to Bitcoin.
If dominance drops, it usually signals:
Altcoin rallies (especially ETH, SOL, ADA, etc.)
Market risk appetite increasing
Potential for altseason
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๐ Watch For:
Breakdown below major support levels (e.g., 50%โ51% zone).
Increasing volume on the drop = confirmation.
ETH/BTC and other major alt/BTC pairs starting to trend upward.
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๐ฎ TL;DR
If BTC.D confirms a breakdown, it could trigger the next major altcoin wave โ especially in high-beta sectors like AI, gaming, and L2s. Keep your alt radar on ๐
Want a chart breakdown or altcoin shortlist to prep for that move?
