#OnChainLendingSurge
BTC DOMINANCE ANALYSIS
BTC dominance is consolidating within a symmetrical triangle pattern and is currently trading inside the Ichimoku cloud. A decisive breakout or breakout is needed to confirm the next directional move.
It is crucial to note that BTC dominance
usually has an inverse relationship with alt-coin market cap, so a breakout could signal potential bullish momentum for alt-coins.
Stay tuned for further developments.