🚨Bitcoin Dominance Just Hit Resistance – Altseason Ahead?
fulldeg
Updated at: 9 hours ago
{"content":"🚨Bitcoin Dominance Just Hit Resistance – Altseason Ahead?
$BTC 🧧🧧
Each time BTC dominance approached this red zone, it marked a top followed by a sharp reversal. And now, once again, dominance is getting rejected from this level with a rising wedge breakdown setup.
This is bullish for altcoins. When dominance falls, capital usually flows into alts, and this setup looks identical to previous macro tops in 2018 and 2021.
Targets? The green zone below – 40-42% – has historically acted as strong support. That’s a massive drop from here.
Are you positioned for the upcoming altseason? Don’t fade the signs. DYOR
#altseason
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