November 11, 2026 | Timeframe: 1W
Bitcoin dominance has reached 60.94% and is testing the key resistance zone at 60.7–61.0%.
An ascending triangle has formed on the weekly chart. A series of higher lows indicates growing strength among BTC.D buyers.
At the same time, dominance is within the Ichimoku cloud, leaving the future direction uncertain.
Key points
BTC.D is retesting resistance, where reversals have occurred before.
There has not yet been a decisive close above 61.0%.
As a result, two opposing scenarios remain in play.
Two scenarios
1. Bullish BTC.D scenario — Bitcoin dominance strengthens.
A weekly candle closing above 61.0%, followed by the price holding above the breakout zone, would confirm a strengthening uptrend.
In that case, the market share is more likely to shift in BTC’s favor.
This is a negative signal for altcoins, especially for ALT/BTC trading pairs.
2. Bearish BTC.D scenario — potential support for altcoins.
A rejection from the 60.7–61.0% resistance zone would set the stage for dominance to decline toward the ascending trendline.
A break below this trendline and the Ichimoku cloud support would strengthen the bearish BTC.D scenario.
In that case, altcoins could start outperforming Bitcoin.
My take
The decisive zone right now is 60.7–61.0%.
The ascending triangle structure remains intact. Higher lows favor buyers, but resistance is still capping the upside.
My base case is another attempt to break above 61.0%. However, without a weekly close above resistance, it would be premature to consider the breakout confirmed.
Conclusion
For now, BTC continues to outperform altcoins, but the market is approaching a technically significant decision point.
A rise in BTC.D above 61.0% would increase the risk of altcoins underperforming.
A rejection followed by a subsequent decline in BTC.D would create conditions for their relative strength to recover.
Important
A decline in BTC dominance does not automatically mean altcoin prices will rise.
If the total crypto market capitalization is falling, altcoins may continue to lose value even as BTC.D declines.
Therefore, dominance should be analyzed alongside BTC/USDT, TOTAL2, TOTAL3, and USDT.D.
#BTCDominance #Bitcoin #Altcoins #CryptoMarket #TechnicalAnalysis
