@bscfx1
BTC DOMINANCE ANALYSIS
Bitcoin dominance is breaking down from a major resistance zone near 60 percent. The chart shows repeated rejections from the same supply area. Sellers are active and structure has now shifted toward the downside. The recent bounce is weak and still below resistance, which keeps the bearish bias intact.
Key levels
• Immediate resistance, 60 percent
• First support, 58 percent
• Major support, 57 percent
• Breakdown target, 56 percent
Dominance can drop toward 57 percent, then 56 percent if the current rejection holds. This aligns with previous liquidity zones where dominance reversed earlier in the year. Altcoins benefit when dominance weakens, especially near these levels.
What to watch
• Daily close below 58 percent confirms the move
• Reaction at 57 percent decides the next leg
• Strong rejection from 60 percent keeps the bearish path open
If dominance falls into the 57 to 56 percent zone, expect stronger momentum in alts.