#BTC DOMINANCE ANALYSIS
BTC.D is currently trading within a rising wedge pattern on the weekly timeframe, a typically bearish setup. The 21MA is offering support just below the wedge. A breakdown from this pattern could confirm a bearish outlook for BTC Dominance.
A decline in BTC.D, particularly if Bitcoin stays flat or bullish, would likely signal a potential altcoin bull run. Keep an eye on this key level for the next move!
