#BTC DOMINANCE ANALYSIS
BTC.D is currently trading within a rising wedge on the weekly timeframe, a pattern typically considered bearish. The Ichimoku Cloud is providing support beneath the wedge.
This suggests a potential decline in BTC.D in the near future. A sustained breakdown of the wedge would offer strong bearish confirmation. If BTC.D trends downward while Bitcoin remains sideways or bullish, it could signal the start of a bull run in altcoins.
