The BTC dominance is a good indicator of an altseason where all your useless sh-tcoins moon to the mars.
The current pattern is a continuation pattern. Support is currently broken but the D point of a triangle often sees fakeouts. If broken, backtested and continued I will look for support at the 35 & 39% area.
If it goes lower we might go past Mars and we pretty soon need new planets
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So far it's dropping down and not recovering. Would like to see further downside towards the 39% or a reclaim of the channel. Currently undecided
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39% reached. No Altseason yet as the Altcoin Dominance chart is rejecting hard from resistance
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