#btcdominancebackat60% $BTC Dominance
BTC.D is back at 60
%.
The important resistance remains around
60
.37%.
This is a very important chart for anyone trading alts.
BTC dominance rising while the market is recovering usually means BTC
is attracting capital faster than the rest of crypto.
That can still be bullish for BTC.
It is not necessarily bullish for alts.
If BTC.D breaks through 60.37%, I would expect selective altcoin weakness even if BTC itself remains strong.
If dominance gets rejected here and starts moving back toward 58.49%, that would be much healthier for the broader alt market.
This is why ppl make mistakes when they only look at BTC price.
BTC can go higher while many alts underperform badly.$OPN $0G
BTC.D is back at 60
%.
The important resistance remains around
60
.37%.
This is a very important chart for anyone trading alts.
BTC dominance rising while the market is recovering usually means BTC
is attracting capital faster than the rest of crypto.
That can still be bullish for BTC.
It is not necessarily bullish for alts.
If BTC.D breaks through 60.37%, I would expect selective altcoin weakness even if BTC itself remains strong.
If dominance gets rejected here and starts moving back toward 58.49%, that would be much healthier for the broader alt market.
This is why ppl make mistakes when they only look at BTC price.
BTC can go higher while many alts underperform badly.$OPN $0G