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Bitcoin Market Share Sees Choppy Moves, Possible Decline Toward 52% Before Rebound

Bitcoin Dominance remains volatile with overlapping price action, showing potential for a downturn before a major trend shift.

Bitcoin Dominance ($BTC.D) displays choppy, overlapping price movements with a rising wedge structure.

Technical indicators highlight an impending pullback after extended upside movement.

Dominance may decline sharply before any potential rebound toward long-term highs.

Bitcoin Dominance ($BTC.D) stays very volatile, continuing its uptrend on the short, medium, and long-term timeframes. The recent price structure emphasizes a sharp inclination, modelled by superimposing waves and steady restorations. Market data supports this by showing that Bitcoin crypto market share is now above 56%, after a long multi-month rally. However, underlying technical formations show the uptrend is losing momentum.

Notably, the chart outlines a possible rising wedge pattern, typically associated with trend exhaustion. Price action within this structure has been increasingly choppy, reflecting indecision. These sharp swings often precede larger corrective moves, suggesting that Bitcoin Dominance could be nearing a temporary peak.#Write2Earn! #BinanceHODLerLA #BTC #DayTradingStrategy $BTC