#BTC Dominance Bitcoin Dominance has rejected from the Weekly Lower High resistance (black) and has dropped -5.5% to the downside ever since This has favoured Altcoin valuations as of late A rejection from any long-standing resistance like this is normal however it will be important to see how strong this resistance really is Will this rejection lead to a shallow pullback in BTCDOM, for example? For Altcoins to enjoy a prolonged Altseason, BTCDOM needs to: • Lose 64% as support on the Monthly • Turn 64% into new resistance to confirm downside continuation • Confirm a complete breakdown below the multi-year macro technical uptrend (light blue), rather than downside deviate below it like in late 2024 (black circle) At the moment, there isn't any macro confirmation of an Altseason aside from the rejection from the Lower High We've seen rejections like this occur throughout the cycle where they finish as Monthly downside wicks After all, what if BTCDOM ends this month as a downside wick, like it did in May (green circle) and in late 2024 (black circle)? The main perspective is Bitcoin Dominance getting as close to 71% as humanly possible And BTCDOM rejected from 66% which is pretty close enough But if BTCDOM fails to lose 64% as support and fails to confirm a breakdown from the macro technical uptrend line (light blue)... Then the BTCDOM may not be in just yet and this may just be an Altcoin Window We know a BTCDOM top is coming And I'm bullish on Altcoins as we near the end of the cycle But this entire discourse is a matter of properly timing heavy Altcoin allocation more than anything else After all, the risk:reward is better for Altcoins than it is for Bitcoin at this late stage in the cycle $BTC #Crypto #Bitcoin