BTC.D is currently forming an ascending triangle pattern on the daily timeframe. However, it has recently faced rejection from the horizontal resistance. Consequently, a decline could be anticipated from this point onwards.
Should BTC.D experience a downward movement while BTC remains stagnant or exhibits bullish tendencies, this could serve as a bullish signal for Altcoins.
Should BTC.D experience a downward movement while BTC remains stagnant or exhibits bullish tendencies, this could serve as a bullish signal for Altcoins.