đ #bitcoin Dominance is Breaking Down
Bitcoin dominance just broke out of a rising wedge pattern, and this usually leads to a drop in dominance.
Hereâs why this matters:
âĄïž Bitcoin dominance shows how much of the total crypto market cap belongs to $BTC .
âĄïž When dominance falls, it usually means altcoins start gaining strength.
âĄïž And historically, every major altseason started after this type of breakdown.
Looking at the chart:
đ» Weâve seen this pattern before in May â breakdowns from similar structures led to big drops in dominance.
đ This new move could be the early sign of liquidity rotating into #altcoins .
What to watch:
âą Bitcoin holding current price levels
âą Altcoins starting to outperform BTC
âą New trends forming across smaller cap coins
Not financial advice, but itâs a good time to keep an eye on your altcoin bags. If the pattern plays out again, altseason might not be too far away.