๐ #bitcoin Dominance is Shaping a Double Bottom Pattern ๐
If this pattern plays out, we could see $BTC dominance push up to 62.11% โ a key resistance level. ๐
๐ What does this mean for #altcoins ?
A rise in dominance often leads to capital shifting away from alts, causing short-term price drops across the altcoin market.
๐ However, if dominance gets rejected at 62.11%, that could mark a reversal point โ giving altcoins a chance to regain bullish momentum. ๐ฅ