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📉 Bitcoin Dominance Breaks Uptrend, Altcoin Market Set to Gain 📉

Bitcoin Dominance has broken below its uptrend line, indicating a shift in market sentiment. This change has coincided with surges of 30-50% in various altcoins, suggesting that capital is flowing out of BTC and into altcoins, which may continue seeing momentum in the coming weeks. As BTC dominance drops, the market could be approaching a support area, and how dominance reacts at this level will be crucial for altcoin trajectories. If the support holds, we might see some consolidation, but a further decline could fuel even more altcoin growth as capital redistributes.

Altcoin investors should keep an eye on key support zones and monitor dominance closely for potential entry or exit points in the upcoming alt season.