#BTC.D Update 📉📊
The #BTC.D (Bitcoin Dominance Index) is currently undergoing a corrective move, causing a few alts to experience some upward momentum. However, #BTC itself seems focused on consolidation or potential downside, resulting in the majority of altcoins failing to rally.
As of now, the index is navigating within a falling wedge pattern, suggesting that a bounce could trigger significant selling pressure across altcoins. Keep a close watch for a daily candle close below this wedge pattern for potential confirmation.
Stay tuned for further updates as the market dynamics unfold. $BTC #BinanceLaunchpool #bitcoinhalving #Megadrop #BTC 📉🚀