BTC dominance breaking 2 years support!!

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Let's analyse BTC dominance:

BTC Dominance appears to be on the verge of breaking a key 24-month support trend line. This could signal a potential reversal in the current trend, leading to a decline in BTC dominance. Historically, the year following a Bitcoin halving event has often been associated with ALTcoin season year where Altcoins outperform Bitcoin.

Additionally, RSI for BTC.D also seems to be breaking its support level, further indicating a potential bearish trend.

Key Levels:

Support: 56.77%
Resistance: 60.52%

A breakdown below the support level could potentially trigger a significant shift in market dynamics, favoring altcoins over Bitcoin.

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