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#BTC DOMINANCE ANALYSIS BTC.D recently fell from the rising w | Julius Caesar Trading Channel | Bybit pro

#BTC DOMINANCE ANALYSIS

BTC.D recently fell from the rising wedge pattern on the weekly timeframe, indicating the potential for further decline. We can see a short-term bullish rally in the altcoin market.

Currently, it is trying to break its 21MA, which is acting as support. If it breaks below the 21MA and BTC.D drops below the Ichimoku cloud, a significant decline could ensue, potentially triggering a strong bullish rally in the altcoin market.