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$BTC.D/weekly
#Bitcoin dominance is clearly breaking down from this Bearish Pennant — targeting a >10% drop to the 50% level.
Breakdown candle should close below the pattern to confirm the situation.
Three scenarios:
If #Bitcoin resumes its uptrend, we'll see a strong #altseason coming. If #Bitcoin stays sideways, altseason is still in play but with weaker momentum. If #Bitcoin drops, $BTC will bleed harder than alts.
Which scenario are you positioning for? 📉

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