$BTCDOM Analysis — Potential Drop Loading?
Bitcoin Dominance just lost its momentum near the ascending trendline, and guess what? The market is whispering — not shouting yet reversal incoming.
Here’s what I see,
🔹 After retesting the trendline, dominance failed to break higher.
🔹 A clean rejection from 5,699 — acting like a wall right now.
🔹 Pattern suggests a possible M-formation followed by breakdown.
🔹 If this unfolds, next target looks like 5,529 — a strong horizontal support.
What does this mean for the market?
A drop in BTC dominance = Altcoins could heat up.
More capital flowing out of BTC and into Alts or stablecoins. So, stay alert if you're holding Alts — or eyeing entry.
Not a setup, not a signal — just sharing what the chart’s whispering.
But you already know... market rewards those who read early.
Save it, share it, or ignore it — your wallet, your choice.
If you're here for sniper views, you're in the right place.
