Bitcoin Dominance ($BTC.D) just rejected from a major resistance level, but it’s still holding above the ascending triangle breakout zone — a pivotal point for both BTC and the broader altcoin market.
🧭 Two Critical Scenarios Are Now in Play:
🔹 Bullish Continuation:
If BTC.D successfully retests the breakout zone and bounces, it would confirm bullish momentum for Bitcoin dominance — likely signaling BTC-led strength and sidelining altcoins temporarily.
🔸 Breakdown Scenario:
If dominance fails the retest and dips back into the triangle, it could trigger a rotation into altcoins, setting the stage for a potential altseason, as dominance historically moves inversely to altcoin market cap.
📊 Why It Matters:
Bitcoin Dominance is a macro gauge of capital rotation in crypto.
A breakout signals Bitcoin strength and altcoin weakness.
A breakdown implies altcoins are about to take the spotlight.
We’re at a technical decision point — and the next few candles could set the tone for the entire market direction in the weeks ahead.
📍 Keep watching the retest. The market's next big move might not start with price… but with dominance. $BTCDOM
#bitcoin #BTCD #CryptoMarkets #altcoinseason #TechnicalAnalysis
