After a deep correction, BTC Dominance has entered a corrective upward phase inside an ascending channel.
Wave A rallied from 60.5% to 62.3%, followed by Wave B retracing to 60.74%.
Currently, Wave C is developing and has reached around 62.2%.
The key resistance sits near 62.7%, exactly at the upper trendline of the channel. This could act as a reversal point, potentially ending Wave C and triggering a bearish move.
💡 Implication:
If dominance drops from this zone, we could see capital rotation into altcoins, supporting a bounce across the broader altcoin market.
Wave A rallied from 60.5% to 62.3%, followed by Wave B retracing to 60.74%.
Currently, Wave C is developing and has reached around 62.2%.
The key resistance sits near 62.7%, exactly at the upper trendline of the channel. This could act as a reversal point, potentially ending Wave C and triggering a bearish move.
💡 Implication:
If dominance drops from this zone, we could see capital rotation into altcoins, supporting a bounce across the broader altcoin market.
📊 CryptoPilot – Advanced Technical Analysis for BTC & Altcoins
🔎 Smart Money • Price Action • NeoWave • Multi-Timeframe Context
📩 Contact: @CryptoPilot_1 (Telegram)
📥 Telegram Chanell : @CryptoPilot_Trading
🔎 Smart Money • Price Action • NeoWave • Multi-Timeframe Context
📩 Contact: @CryptoPilot_1 (Telegram)
📥 Telegram Chanell : @CryptoPilot_Trading
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
📊 CryptoPilot – Advanced Technical Analysis for BTC & Altcoins
🔎 Smart Money • Price Action • NeoWave • Multi-Timeframe Context
📩 Contact: @CryptoPilot_1 (Telegram)
📥 Telegram Chanell : @CryptoPilot_Trading
🔎 Smart Money • Price Action • NeoWave • Multi-Timeframe Context
📩 Contact: @CryptoPilot_1 (Telegram)
📥 Telegram Chanell : @CryptoPilot_Trading
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.