The BTC.D is currently breaking down from the ascending channel. A confirmation of the bearish trend would be indicated by a candle close below the channel or a successful retest below it.
If BTC.D experiences a decline while BTC demonstrates bullish or sideways indicators, this would be considered a bullish sign for altcoins. Otherwise, a correction in altcoins can be expected.
If BTC.D experiences a decline while BTC demonstrates bullish or sideways indicators, this would be considered a bullish sign for altcoins. Otherwise, a correction in altcoins can be expected.