BTC DOMINANCE ANALYSIS

BTC.D has broken down from the descending triangle pattern with significant volume and is currently trading below the horizontal supply zone. The Ichimoku Cloud is acting as support.
A breakout above the supply zone could trigger a further upward rally however, rejection from this level may lead to another decline. Keep an eye on further price action developments.
It s important to note that BTC Dominance often shares an inverse relationship with the altcoin market cap.