Bitcoin Dominance Breaks Wedge, Could Signal Altcoin Shift

Bitcoin’s dominance has recently broken below a rising wedge after 180 days of steady climb. This technical move signals the potential for a broader trend shift in favor of altcoins as traders await confirmation of the change. While Bitcoin’s price continues to be held at around the 65% level, analysts anticipate further decline, potentially leading to a more significant rotation into other cryptocurrencies like Ethereum and Solana.