‼️QUICK MARKET UPDATE‼️
Q: Why are Altcoins dumping?
Ans: I have pinned the picture of BTC.Dominance in which you can see that the second situation is happening right now.
As Bitcoin is reaching near its All time high and facing a very strong resistance and short sellers are very active now.
That's why Bitcoin is decreasing and Btc dominance is increasing and the Altcoins are dumping badly🤯.
Bitcoin has to hold this trendline to stay safe otherwise market can dump 😞 .
In case of trendline breakout, our next supports are drawn in the chart.