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Bitcoin Dominance Rebounds – Bad News for Altcoins??

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📊⚠️ Bitcoin Dominance Rebounds – Bad News for Altcoins? 🧨💣
Today’s chart says it clearly: Bitcoin Dominance is bouncing off support at the edge of its ascending channel. This rebound zone around 64.58–64.64% has been critical — and the move up confirms it’s holding… for now.

❗ With Bitcoin itself facing heavy resistance, this dominance bounce is not good news for altcoins. In fact, it's a classic setup for capital rotating into BTC and out of alts — not the other way around.

📌 Chart Breakdown:

Biggest alt bull runs have started when BTC.D failed here — not when it rebounded

Breakout above 71.3% = serious risk of altcoin extinction

Breakdown below 62.3% = green light for altseason

🧠 As I’ve written on the chart: the END of alts comes not just from price — but from meme culture, utility decay, and market maker manipulation. That zone? 97% BTC.D. We’re not there, but we’re not heading toward freedom yet either.

🎥 Want to see how this fits into the full market picture? Watch the July 10th macro update: 👉 July 10th Market Outlook – Uncharted Waters, Uncertain Momentum

The market’s pressure is rising.
No good news from BTC.D today.

One Love,
The FXPROFESSOR 💙

Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! 🌟🤝📈
交易進行
快照 Dominance rebounded strongly as expected

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