🚨Breaking News 🚨
Bitcoin's dominance (BTC.D) is currently holding strong above its 21-day moving average. This key metric has acted as a stabilizing factor after breaking through a rising wedge pattern, and its subsequent successful retest has underscored its importance.
If BTC.D falls below this 21-day moving average, it could signal a significant shift in market dynamics. Such a scenario would likely serve as a bullish indicator for the altcoin market, suggesting a potential move of capital from Bitcoin into alternative cryptocurrencies.
This development would not only indicate a shift in market focus but also suggest potential strength and improved performance among a wider range of digital assets.$BTC
