Bitcoin Dominance (BTC.D) Technical Analysis – March 12, 2025

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Trend Overview:
- BTC dominance is currently at 62.18%, approaching a critical resistance level.
- BTC dominance has been in an uptrend since early 2024, indicating that Bitcoin has outperformed altcoins during this period.

Key Levels to Watch:👁👁

- Resistance: ~62.5% (horizontal resistance level)
- Support: ~60% (previous breakout zone)
-Major Breakdown Target: ~54.5% (potential altseason trigger)

Technical Indicators & Patterns:⚖️

1. A breakdown below 60% would confirm a bearish trend for BTC dominance and lead to an altcoin pump.

2. In late 2024, BTC dominance rejected at a similar level (~61%), followed by a sharp decline. The same pattern may repeat, leading to altcoins outperforming BTC.

3. If BTC dominance breaks above 62.5%, it could extend towards 64-65%, delaying an altseason.

Penafian

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