#BTC DOMINANCE ANALYSIS

BTC Dominance (BTC.D) is consolidating within a rising wedge pattern, currently rebounding above the 21MA, which is acting as support. To anticipate the next move, it’s crucial to wait for a definitive breakout or breakdown from this channel.

Given the inverse relationship between BTC.D and the altcoin market cap, this level becomes particularly significant in gauging broader market dynamics and potential shifts in the altcoin market.$BTC