#BTC DOMINANCE ANALYSIS
BTC Dominance is consolidating within a symmetrical triangle pattern, currently encountering resistance at the triangle's trendline. The Ichimoku Cloud is providing strong support below, indicating stability. A decisive breakout or breakdown is needed to confirm the next directional move.
It's crucial to note that BTC Dominance typically has an inverse relationship with the altcoin market cap, so a breakdown could signal potential bullish momentum for altcoins.