BTC Dominance trending bearish on 1H, testing key support at 59.6% after sharp pullback from 60.5% highs—holding here could spark rebound to resistance, but risk of deeper dip to 58.5% if breached, fueling altcoin surge.
Bullish for alts overall! Target: 58% on breakdown.
Watching: RSI at 35 (oversold bounce potential), declining 50MA, low volume. 📉🚀
#BTCDominance #Altseason #CryptoMarkets
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
