$BTC.D 1W (Cryptocap) Ascending channel breakdown

Short

Market Cap BTC Dominance, % (CRYPTOCAP:BTC.D)

CRYPTOCAP:BTC.D Market Cap BTC Dominance, %

Trend Analysis bitcoindominance

trendanalysis bitcoindominance

Bitcoin Dominance broke bearish after forming a Head & Shoulders pattern, good for altcoins!
Road to 51% is likely, although, a first bounce to neckline retest is a possibility while market is correcting.

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