🚨🚨 #BTC DOMINANCE ANALYSIS 🤔
#BTC.D is consolidating within a rising wedge pattern, with the Ichimoku cloud providing support below the current price action.
We should wait for a confirmed breakout or breakdown to determine the next move.
A breakout from the wedge could indicate further declines in altcoins.
Conversely, if BTC.D breaks down from the wedge and successfully retests it, we can anticipate a bullish rally in the altcoin market.