Bitcoin Dominance at a Crossroads: Could Altcoin Season Be Brewing?

Bitcoin dominance is nearing a crucial resistance level within a long-standing upward trend. If this key point is rejected, it could signal the start of a rotation towards altcoins, potentially triggering a mini-alt season. Since November 2022, Bitcoin dominance has held steady within an ascending channel, reflecting growing preference for BTC during periods of market volatility. However, recent chart patterns suggest potential weakening before approaching this historical resistance zone.