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#BTC DOMINANCE ANALYSIS
BTC.D has broken below the key ascending support trendline of the symmetrical triangle, which is a #bearish signal for BTC.D. If this breakdown is confirmed with a sustained #move below the support zone, further downside toward the lower support levels can be expected. A decline in BTC.D would likely favor altcoins, increasing the chances of an #altseason style move. However, BTC.D needs to remain below the broken trendline. otherwise, a reclaim could invalidate the breakdown and lead to another #move toward the upper resistance trendline. #crypto