*#BTC Dominance (BTC.D) Weekly Chart analysis:*

• Current Level: 61.66% (showing a strong red candle)

• Trend: Long-term rising channel since late 2022

• Breakdown: BTC dominance is rejecting from the upper channel resistance

• Scenario:

• Short-term: Possible bounce from mid-channel (around 60%)

• Bearish Outlook: If mid-line breaks, dominance may fall to 48% zone (highlighted in red)

• Implication: A drop in BTC dominance typically signals altcoin outperformance (altseason potential)

📉 Watch for confirmation below the channel for a strong altcoin trend shift.$BTC