According to @CryptoMichNL, Bitcoin dominance (BTC.D) remains in an uptrend but is close to breaking lower, mirroring the Q4 2019 setup as posted on Nov 4, 2025; source: @CryptoMichNL. He identifies a drop below the 20-month moving average as the confirmation trigger and notes that if BTC.D loses that level it would be “party time,” signaling a major move; source: @CryptoMichNL. For traders, this frames the 20-month MA on BTC.D as a key level to monitor for positioning decisions; source: @CryptoMichNL.