Bitcoin Dominance at Major Resistance: Alt Pump Incoming?

anteontem

🚨 Bitcoin Dominance Update 🚨
Currently sitting at 58.69%, Bitcoin dominance has reached a critical confluence of horizontal and trendline resistance.

📉 Key Observations:
- Dominance retraced precisely to the Golden Ratio (0.618 Fibonacci) level.
- This area marks a potential reversal zone.

💡 What This Means:
A decline in Bitcoin dominance could signal the much-anticipated altcoin season as capital flows out of BTC into altcoins.

🗺️ Key Levels to Watch:
- A breakdown from this resistance could lead to massive altcoin pumps.
- On the flip side, a breakout above this resistance could invalidate this setup.

📊 Keep your eyes on this setup, and let’s prepare for potential opportunities in the altcoin market. 🚀

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