BTC Dominance (BTC.D) chart broke out of a long term parallel channel in late Aug 2025. Chart was forming a wedge pattern which has now broke out towards upside.
Chart is expected to retrace up to bottom trendline of the parallel channel (from where it initial broke out) around 60%.
This in turns means that we should expect some bearish price movements across all alt coins.
Once BTC.D chart hits 60%, it will continue its downward trend.
Chart is expected to retrace up to bottom trendline of the parallel channel (from where it initial broke out) around 60%.
This in turns means that we should expect some bearish price movements across all alt coins.
Once BTC.D chart hits 60%, it will continue its downward trend.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.