#BTC DOMINANCE ANALYSIS
BTC.D has broken out of the symmetrical triangle pattern with significant volume. Additionally, it has breached the 100-day EMA. As long as BTC.D remains above the symmetrical triangle, a bullish trend is anticipated.
When BTC.D experiences an upward movement alongside a positive performance in BTC, it suggests an influx of fresh capital into the market. Conversely, if BTC.D pumps while BTC remains relatively stagnant, this could be interpreted as a bearish signal for altcoins.
BTC.D has broken out of the symmetrical triangle pattern with significant volume. Additionally, it has breached the 100-day EMA. As long as BTC.D remains above the symmetrical triangle, a bullish trend is anticipated.
When BTC.D experiences an upward movement alongside a positive performance in BTC, it suggests an influx of fresh capital into the market. Conversely, if BTC.D pumps while BTC remains relatively stagnant, this could be interpreted as a bearish signal for altcoins.