BTC.D is breaking out of a symmetrical triangle on the daily timeframe and is looking bullish. 📈 This breakout spells trouble for altcoins, as a potential 8–10% pump in Bitcoin dominance could lead to further drops in altcoins throughout the week.
🔥 What could save altcoins? The only bullish scenario for altcoins is if this breakout turns out to be a fakeout, and BTC.D closes back inside the triangle. 🤞 Let’s hope for that, but for now, the situation doesn’t look favorable for altcoin holders.
⚠️ Key takeaway: Stay cautious and manage your positions wisely. We’ll keep you updated—stay tuned! 🚀