#BTC #BTC.D

Analysis of BTC Dominance (BTC.D) – Upcoming Signs for Bitcoin and Altcoin

The BTC Dominance index (BTC.D) is approaching a key resistance area around 66.10%, which is a confluence zone between the Fibonacci level of 1.414 (64.44%) and the larger 1.414 extension area at 66.02%. On the D1 chart, the upward trend is evident with a series of consecutive bullish candles, indicating that the flow of funds is still primarily focused on Bitcoin.

However, at the current price level, BTC.D may hit a short-term peak. The reasons are:

Strong confluence resistance at the 65.5% – 66.1% range.

A reasonable scenario is that BTC.D will be rejected at the 66.10% level, then adjust back to the old support area around 63.5% – 63.9%.

This opens up opportunities for a short-term Altseason, as funds may begin to allocate to altcoins after the BTC-focused cycle. If BTC.D breaks through 63.9%, the likelihood of altcoins rising sharply will be even higher.

->>> In summary, BTC Dominance is nearing a local peak and may adjust. This is a positive signal for altcoin investors in the short term, especially if BTC does not dump sharply and maintains a high price range.