🥇 🚨 Bitcoin Dominance Is Approaching 60%: Will Altcoins Survive or Get Crushed?
Bitcoin Dominance ($BTC.D) is marching higher inside a clean uptrend channel, consistently printing Higher Highs (HH) and Higher Lows (HL) across lower timeframes. 📈
The focus shifts to the major psychological resistance level at 60%:
The Setup: $BTC.D continues to suck liquidity out of the market, keeping altcoins on the back foot.
The Decision Zone: Watch price action closely at 60%. A clean breakout signals further Bitcoin outperformance, while a rejection could ignite the next altcoin rally.
The tide is shifting, keep your eyes on dominance!
Do you think BTC.D breaks above 60% or is an Altseason reversal right around the corner? Drop your thoughts below! 👇
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#BTC #CryptoMarket #TechnicalAnalysis #Altseason