Bitcoin Dominance: Drops Below 21-Week MA
Bitcoin dominance slips under 21-week and 50-week MAs at $62772.54 as ETH/BTC breaks higher amid AI industry impact and Clarity Act liquidity flows.
SourceAnalysis
Bitcoin dominance slips beneath both the 21-week and 50-week moving averages, opening the door for altcoin outperformance as ETH versus BTC breaks upward.
Clarity Act inflows, fading AI industry impact and infrastructure strength in Solana and Ethereum support the thesis that risk capital rotates into crypto once the AI bubble passes.
With price testing upper Bollinger resistance at $63577.63 while RSI sits at 60.5, a healthy retracement to the 50-EMA support at $61536.73 seems probable before further continuation on this 4h chart. Traders now watch for confirmed breakdown in BTC dominance to validate the next leg in altcoin rotation and refine their BTC price prediction models.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast