🚨 #BTC DOMINANCE ANALYSIS 🤔
#BTC.D has strongly rebounded from the support trendline of an ascending triangle, breaking through the triangle with significant volume.
A successful retest above the triangle would indicate further upward movement for BTC.D.
Conversely, failure to hold above the triangle might result in continued price movement within it.
Both the 50MA and 100MA are showing bullish strength.
It's noteworthy that BTC.D typically exhibits an inverse relationship with the altcoin market cap.
