#Bitcoin DOMİNANCE 

One of the reasons altcoins are dropping is the rise in $BTC dominance. A few days ago, I mentioned that if the rising wedge pattern broke downward, it would give altcoins some breathing room—and that’s exactly what happened.

However, altcoins are now even below the level where they initially bounced. After breaking the pattern, BTC dominance did not perform any re-test, but now it seems to be heading for one. Hopefully, it will be a successful re-test. If it is, BTC dominance could enter a downtrend, which would be beneficial for altcoins.
#Bitcoin #BTC