**Bitcoin Dominance Update** BTC.D is attempting to break the yellow resistance zone but has yet to succeed. This indicates that **altcoins still lack the momentum** for a strong buy opportunity.
Currently, BTC.D remains **below 58.72%**, which suggests the market is **not yet in a bullish phase**. However, there’s **no clear reversal confirmation** either.
**Key Takeaways:** - **No buy signal for alts yet** – wait for BTC.D to show clearer movement. - **Not bearish, but not bullish** – the market remains in a neutral zone. - **Patience is key** – wait for a confirmed breakout or reversal before making moves.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.