Bitcoin stays bullish as Altcoin warning builds

Bitcoin confirmed its close above the old TBO Resistance, altcoin-dominance warnings are forming but unconfirmed, market-cap momentum is still bullish, and DXY confirmed a second breakout.

Bitcoin remains bullish while two scenarios stay equally likely

Bitcoin / TetherUS · 1D · Binance

BTC confirmed Sunday’s close above the old TBO Resistance, then Monday’s high created a new resistance level. I think a break below the next short-term support fan line this week is likely. I also think an ascending-wedge breakout toward the 0.618 Fib at $93,650 is just as likely. I still expect a roughly 20% pullback, but not immediately; that is my personal view, not an objective guarantee.

The OTHERS.D warning is forming, not confirmed

Crypto Total Market Cap Excluding Top 10 Dominance, % · 1D · CRYPTOCAP

OTHERS.D is working on a second TBT Bearish Divergence, but the daily candle still had about 18 hours left. If it holds through confirmation, I plan to sell 30% of all my ALT positions for stables. Until then, that sale is conditional, not an action already taken. OTHERS.D is market share, not spot price.

A second dominance warning needs candle confirmation

Crypto Total Market Cap Excluding Top 100 Dominance, % · 1D · CRYPTOCAP