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MARKET UPDATE: $BTC DOMINANCE

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BTC.D is attempting to break out of the descending triangle. A successful breakout followed by a retest above the triangle would serve as further bullish confirmation, potentially signaling another corrective wave in the market.

On the other hand, if BTC.D falls back into the triangle and breaks down below it, that would be a strong indication of an upcoming bullish rally in altcoins.

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