🔍 DOMAIN ANALYSIS #BTC BTC dominance ($BTC.D) continues to consolidate in an ascending channel, with a bounce at the 21MA, which now acts as a key support. This is an important moment, as further movement will determine market dynamics. ⚡ What does this mean for altcoins? If $BTC.D is bearish, and BTC remains bullish or sideways, this is a bullish signal for altcoins. If $BTC.D is rising or holding strong, a correction in the altcoin market is possible. The current structure requires confirmation, so it is important to monitor the reaction at the support level and the movement of bitcoin. 🔔 Follow the dynamics - the market can offer excellent opportunities!
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#KAITO Listing
🔍 DOMAIN ANALYSIS #BTC
BTC dominance ($BTC.D) continues to consolidate in an ascending channel, with a bounce at the 21MA, which now acts as a key support. This is an important moment, as further movement will determine market dynamics.
⚡ What does this mean for altcoins?
If $BTC.D is bearish, and BTC remains bullish or sideways, this is a bullish signal for altcoins.
If $BTC.D is rising or holding strong, a correction in the altcoin market is possible.
The current structure requires confirmation, so it is important to monitor the reaction at the support level and the movement of bitcoin.
🔔 Follow the dynamics - the market can offer excellent opportunities!