Let’s have a look at BTC dominance chart

BTC.D Effective Update:

To be honest, there hasn't been much change in the BTC.D chart.

It's still confirming the retest phase after the breakdown, but by zooming out and reading the candlesticks, I can say that a slow dump has started.

If we look at the second scenario, we have the belly belt straight above the rising wedge, so sooner or later, a dump is confirmed. ✅

However, in my opinion, most of the alts have also bottomed out, so a confirmed breakdown is expected soon.

BTC dominance going down will result in alt season and a great altcoin rally which could be a great opportunity for everyone to make some solid profit in crypto market.🔥

#nomaeffect

#Write2Earn

#BinanceTurns7

#BTC.Dominance #BTC.D