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One platform for global traditional assets
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Hot
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Gate AI
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10K+ Skills
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#BTC DOMINANCE ANALYSIS
#Bitcoin Dominance is facing rejection from the horizontal supply zone of an ascending triangle pattern, with the Ichimoku Cloud acting as a support indicating underlying strength. A confirmed breakout above this level would signal an upward rally in dominance. However, rejection from this zone is also possible, which could lead to a downside move. Keep a close eye on the price action for confirmation. It’s important to note that bitcoin:native Dominance often shares an inverse relationship with the #altcoin market cap. #crypto