BTC.D Pullback Could Open Doors for Alts

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BTC dominance has broken below its long-term trendline and is currently holding near the 58–59% support zone, but momentum still appears weak.

The key resistance area sits between 61% and 62.5%, and any retest of this zone may struggle to break higher, especially with its alignment to major Fibonacci levels.

If BTC dominance fails to reclaim this zone with strength, the broader structure points toward continued downside, potentially targeting the 57% level and possibly lower if that support breaks.

A continued decline in dominance would generally favor altcoins, so it’s best to wait for clear confirmation before making any decisions.

DYOR, NFA
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