#BTC Dominance protection support 🛡
Dominance fell significantly in July, but the strongest support around 60% holds the influence of the first cryptocurrency.
This month, the red candle engulfed the growth of previous months, but there wasn't enough strength to break below, where the Altseason zone typically begins.
With a high degree of probability, I see the following scenario - consolidation of dominance around 60-63% (if BTC rises to a new ATH) and closing August below 60%, which will trigger a strong drop in the index and a rise in altcoins.
