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Bitcoin Dominance Testing Key Support Right Now!

Market Cap BTC Dominance, % (CRYPTOCAP:BTC.D)  
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CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Trend Analysis Chart Patterns Technical Indicators bitcoindominance btcdominance altcoin altcoinsvsbtc Bitcoin (Cryptocurrency) bitcoinprice marketstructure Cryptocurrency
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trendanalysis chartpattern indicator bitcoindominance btcdominance altcoin altcoinsvsbtc bitcoin bitcoinprice marketstructure cryptocurrency
If you zoom out on the bitcoin dominance chart (BTC.D) you'll see the importance of this searing hot white trendline — and the markets are battling once again for direction. There is a possible double top (indicated by the hammers) and price is resting above cloud on the 6 hour chart. A push below the trendline and into the cloud signals a drop in bitcoin dominance. Which means an alt coin rally could be soon.

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