Bitcoin Dominance has officially broken below the long-standing rising wedge structure, signaling a significant shift in market momentum. This pattern, which had held strong since December 2024, has now failed — and that’s a big deal.
After the breakdown, BTC.D temporarily bounced but was rejected on the retest of the wedge’s lower boundary, confirming the breakdown as valid. This retest-then-drop scenario is a textbook bearish continuation signal.
Not only did BTC.D lose the rising trendline, but it also failed to hold the horizontal support zone near 63%–62%, which acted as a key floor for months. Now, with price heading lower, Bitcoin's dominance is clearly weakening, and that’s bullish for altcoins.
What this means:
Bitcoin is losing control of market share.
Altcoins may start gaining serious traction, especially mid and low caps.
If BTC.D drops below 60%, we could see an acceleration of capital rotation into altcoins — a classic start to an altseason.
After the breakdown, BTC.D temporarily bounced but was rejected on the retest of the wedge’s lower boundary, confirming the breakdown as valid. This retest-then-drop scenario is a textbook bearish continuation signal.
Not only did BTC.D lose the rising trendline, but it also failed to hold the horizontal support zone near 63%–62%, which acted as a key floor for months. Now, with price heading lower, Bitcoin's dominance is clearly weakening, and that’s bullish for altcoins.
What this means:
Bitcoin is losing control of market share.
Altcoins may start gaining serious traction, especially mid and low caps.
If BTC.D drops below 60%, we could see an acceleration of capital rotation into altcoins — a classic start to an altseason.
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.
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.