🚀 ALTSEASON Signals Are Strengthening!
BTC Dominance (BTC.D) just made a clear rejection at the upper trendline (Lower Highs) of the 8-year Triangle.
If August’s monthly close lands below the 1W MA50 (red), we’ll have strong confirmation of a new bearish phase.
📉 The 1M LMACD is on track to print its first Bearish Cross in 4+ years, a setup that historically leads to prolonged BTC.D downtrends.
A move toward the Higher Lows trendline near the 0.1 Fibonacci level looks likely — similar to the last major drop.
🎯 Target: 43.00% BTC Dominance
This shift would mark a major tailwind for altcoins — classic ALTSEASON territory.
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