๐ *SHORT: #BTC.D | $BT | 1W*
*Bitcoin Dominance (BTC.D)* is currently *testing a strong resistance zone* on the weekly chart โ and if it gets rejected here, it could be the *signal that Altseason is around the corner* ๐จ๐ฅ
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๐ *Whatโs Happening:*
- BTC.D measures *Bitcoinโs share* of the overall crypto market cap
- It's testing a *key resistance zone* around *54โ55%* dominance
- If it *fails to break above* this level, it usually means *capital flows into altcoins* ๐ช๐
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๐ง *Why This Matters:*
- Historically, a *rejection at BTC.D resistance* has triggered major *altcoin rallies*
- It shows *investors shifting focus* from BTC to higher-risk, high-reward alts ๐
- Often paired with *Bitcoin going sideways or consolidating* โ giving room for alts to breathe
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๐ *Technical Insight:*
- Weekly RSI is overextended โ showing *possible exhaustion*
- Candles show *indecision near resistance*, hinting at potential reversal
- Watching for a *close below 52.5%* to confirm weakness
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๐ฎ *If BTC.D drops, expect:*
โ ETH, SOL, AVAX, and major alts to *gain dominance*
โ *Low-cap and meme coins* to start flying ๐
โ Altseason narrative to strengthen across social media
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โ ๏ธ *What to Watch:*
- BTC price action โ sharp BTC moves can disrupt alt momentum
- Alt/BTC pairings โ look for strength there as confirmation
- ETH.D chart โ a rise in Ethereum dominance = extra altcoin confidence
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๐ก*Conclusion:*
A *BTC.D rejection = big alt opportunity*. Smart traders are positioning now, not later. Keep eyes on dominance โ it often leads the cycle.