🚨 BTC.D – 4h Chart
As highlighted in yesterday's analysis (08/21), there was a likely scenario of a decline in BTC dominance, which has been confirmed. This movement created space for ETH to stand out first, and then other altcoins also gained strength, as we saw in the market.
The breakout of the chart pattern confirmed the selling pressure, bringing dominance down to support at 58.67%. A consistent loss of this level could further amplify the movement in favor of altcoins.
⚠️ Reminder: chart analysis is probabilistic, not predictive. There is no way to predict the future of the market with certainty, only to identify scenarios of higher probability.
❗ This is not a recommendation to buy or sell, just a technical study.
👉 Follow me for more short and objective analyses.