🚀 BTC is gliding within an ascending channel on the 4H chart — the midline continues to act as a crucial support/resistance level.
📈 A breakout above that midline could trigger bullish continuation, while a rejection may lead to a short-term pullback.
📉 Meanwhile, BTC Dominance (BTC.D) has broken down from a rising wedge and cleanly retested the structure — signs are leaning toward a potential decline in dominance.
⚖️ What this means for altcoins:
BTC bullish + falling dominance = Alts could see strong upside 💥
BTC bearish + falling dominance = Alts may remain flat or see mild dips
🎯 This setup offers solid confluence across multiple signals — the kind smart traders prep around.
👇 Watching alt setups? Share them in the comments!
📈 A breakout above that midline could trigger bullish continuation, while a rejection may lead to a short-term pullback.
📉 Meanwhile, BTC Dominance (BTC.D) has broken down from a rising wedge and cleanly retested the structure — signs are leaning toward a potential decline in dominance.
⚖️ What this means for altcoins:
BTC bullish + falling dominance = Alts could see strong upside 💥
BTC bearish + falling dominance = Alts may remain flat or see mild dips
🎯 This setup offers solid confluence across multiple signals — the kind smart traders prep around.
👇 Watching alt setups? Share them in the comments!
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Join me on Telegram: t.me/coin_mastermind
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I share more in my court
Join me on X: x.com/Coin_Mastermind
Join me on Telegram: t.me/coin_mastermind
Join me on X: x.com/Coin_Mastermind
Join me on Telegram: t.me/coin_mastermind
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.