CRYPTOCAP:BTC.D   Market Cap BTC Dominance, % (CALCULATED BY TRADINGVIEW)
There is exactly a year now since Btc .D is trading in a downtrend. However, after reaching 40% back in May we have in fact a clear range between 40% and 50%. In mid-September, again, we touch 40% and we got back to 50% pretty quickly. The last drop takes a lot of time and is printing a falling wedge on our chart.
At this moment we are hovering around 40% for almost 2 months and Btc .D looks ready to turn.
Getting back above 40 and 41 furthermore would confirm strong support and also a double bottom (more clear on smaller TFs). If this is the case, ALTs can fall hard

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