#BTC DOMINANCE ANALYSIS

BTC.D is currently trading above the 21-day moving average, which is providing key support following the breakdown of a rising wedge pattern and a successful retest.

However, a breakdown below the 21-day moving average would likely signal a shift in market dynamics, providing bullish confirmation for the altcoin market.

Such a move would indicate that capital is flowing from Bitcoin to altcoins, potentially leading to increased strength and performance across various alternative cryptocurrencies.