BTC & BTC.D โ€“ Confluence Setting the Stage for Altcoins

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๐Ÿš€ BTC is gliding within an ascending channel on the 4H chart โ€” the midline continues to act as a crucial support/resistance level.

๐Ÿ“ˆ A breakout above that midline could trigger bullish continuation, while a rejection may lead to a short-term pullback.

๐Ÿ“‰ Meanwhile, BTC Dominance (BTC.D) has broken down from a rising wedge and cleanly retested the structure โ€” signs are leaning toward a potential decline in dominance.

โš–๏ธ What this means for altcoins:

BTC bullish + falling dominance = Alts could see strong upside ๐Ÿ’ฅ

BTC bearish + falling dominance = Alts may remain flat or see mild dips

๐ŸŽฏ This setup offers solid confluence across multiple signals โ€” the kind smart traders prep around.

๐Ÿ‘‡ Watching alt setups? Share them in the comments!

Penafian

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