#BTC DOMINANCE ANALYSIS

BTC.D appears to be following a rising wedge pattern, currently approaching its support trendline. The MACD crossover suggests a bearish momentum, indicating potential downward movement. Despite this, the Ichimoku cloud is signaling an upward trend.

A sustained breakdown of the rising wedge would serve as confirmation of a downward trend in BTC.D, potentially signaling a bull run in altcoins.