â«ïžBitcoin dominance is forming an ascending triangle which is Bullish pattern.
â«ïžIf It follows this pattern, dominance could potentially rise.
â«ïžOne reason for this is the upcoming halving, which is attracting increased interest from individuals and institutions towards Bitcoin.
â«ïžThere is a support level at 54.10% and a resistance at 55%. Breaking above the resistance could result in a decline in altcoins.
#BTCHalvingApril2024 #btcrise