The Bitcoin Dominance Index will continue bearish as long as the action happens below resistance as shown on the chart.
An uptrend has been broken with the highest volume in a single session since February 2021. When this same signaled showed up back in Feb. 2021, what follows was a major drop (a marketwide bull-run.).
Seeing Bitcoin Dominance in the same situation as in early 2021 predicts the start of the 2025 bull market phase. This is all to say that the Altcoins market will continue to grow; Bitcoin will continue to consolidate to end up moving higher; the altcoins will resume growing within days.
The chart supports only little time for a break before the next bearish continuation, it should happen within days. At this point, the altcoins will rally up. We are very close and indeed we are already in-the-action. These short retraces should be used as opportunity to rebuy and reload.
Namaste.
