🚨 BITCOIN DOMINANCE CRASH IMMINENT – ALTSEASON IS HERE! 🚀
$BTC 🧧🧧
Hey everyone, it’s me again with a fresh technical analysis!
📊 The Bitcoin Dominance chart is screaming a major reversal, and I’m calling it: we’re on the brink of a massive Altseason!
🔥 As you can see, BTC Dominance has been trapped in a descending triangle since 2021, with a clear breakdown below the major support at 40%. This level has held strong for years, but now it’s crumbling.
📉 The price is heading straight for the next support zone around 35%, and if that gives way, we could see a freefall to 30% or lower. Meanwhile, the major resistance at 64% has capped every rally attempt, confirming the bearish trend. The smaller inset chart shows a head-and-shoulders pattern, adding more fuel to this bearish fire.
🐻 When Bitcoin Dominance tanks like this, altcoins historically explode—think 2017 and 2021 vibes! I’m loading up on my favorite alts because this could be the start of something huge. DYOR
Are you ready for the Altseason party? 🎉
Let me know your thoughts below!