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🚨 Bitcoin dominance faces critical support! 🚨
Currently, the Bitcoin dominance index BTC.D is trading at 59.36% and is nearing a break of the important support area around 60%.
🔻 This support is considered a main line of defense, and a clear break could open the door for a deeper decline towards 58.6% – 57.4%.
📉 Continued decline in dominance means that capital starts to move strongly to altcoins, and here we may see a real breakout for some strong projects that are technically ready.
✍ My personal opinion: If we see a clear close below 59%, this will be one of the strongest signals to start a bullish wave in altcoins (Partial Altseason).
👇 The question for you:
Do you think breaking the 59% support will open the door for an altcoin explosion?
📈 Yes, the break means an explosion of alternative currencies
❤️ We might see a slight rebound before any strong movement
📉 No, Bitcoin will remain dominant and won't give altcoins a chance
#تحليل_العملات_الرقمية #REVABinanceTGE
#Bitcoin #Dominance #Altcoins #كريبتو_بدون_فلوس