Market Cap BTC Dominance, %
Short
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Bad times ahead for alts "if", BTC.D break the above zone.

409
From the chart, we can clearly see Btc.d just has tested the bottom support of the channel. If that support broke out, we should see massive gains of alts as well as BTC. But if it is tested and went towards the upper resistance, It's a bad time for alts in the current situation. Then if it succeeds in breaking the above resistance, there is no doubt bitcoin will dump for its major demand zones. Should avoid taking long positions from here since this is a conclusive situation.
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