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BTC Dominance Analysis - 57% Key Level

Market Cap BTC Dominance, % (CRYPTOCAP:BTC.D)  
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CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Trend Analysis BTCUSD btcdominance cryptotrading altseason2021 altcoins
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trendanalysis btcusd btcdominance cryptotrading altseason2021 altcoins
Some light analysis on BTC Dominance chart. 57% is a key level as it is an established support line. If BTC Dominance breaks below this support line, we should expect to see a rise in altcoin prices as the profits from selling BTC are used to buy altcoins. If BTC Dominance bounces off the support line, we should expect a continued rise in BTC prices and possible pullbacks from altcoin prices.
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