BTC DOMINANCE ANALYSIS
BTC Dominance has broken down from the ascending triangle pattern and is currently trading above the horizontal S R level. If it continues to hold this level, we can expect a potential rebound.
However, the Ichimoku Cloud is acting as a resistance barrier above the price. A breakdown below the S R level would signal further downward movement.
It s important to note that BTC Dominance often shares an inverse relationship with the altcoin market cap.