Bitcoin Dominance Below 60% & Below Support

BTCD just lost the 0.236 Fib. retracement support, the next level to be tested immediately is 55.64 followed by 52.44 followed by 49.23. All these are high probability targets.

The week closes today and is red. The chart drawings, patterns and signals are bearish; bearish confirmed, pointing lower and support additional bearish action. Everything points down for this index and the volume is just too strong. The downtrend is on.

The drop is about to intensify next week. Last week was the continuation and this week the confirmation. Now we will experience the meat of the current move. This is when bearish momentum intensifies.

Thinking of the inverse relation between Bitcoin Dominance Index (BTC.D) and Bitcoin (BTCUSD) and the altcoins, this means that the 2025 bull market is about to speed up. We are about to see a massive influx of capital into the market and a large amount of bullish momentum.

Remember, Bitcoin will also grow.
Bitcoin and the altcoins market is going up.
Ethereum will continue growing.
Be prepared, no more red.
(As Bitcoin Dominance goes down, Crypto goes up.)

Namaste.