Dominance Analysis #BTCDOMINACE
The BTC Dominance pair has broken out of a rising wedge pattern with heavy trading volume and successfully retested the breakdown level. It is currently testing the 21 moving average, which acts as a support below the current price action.
A clear breakdown of this level could lead to further downside movement in BTC.D. The continued decline in BTC Dominance could signal a potential bullish trend in the altcoin market.