Bitcoin Bullish Despite Altcoin Dominance Warnings and Dollar Breakout

Bitcoin remains in a bullish position as it confirmed a close above its old TBO resistance level, according to Kitco. Despite growing warnings about altcoin dominance, the market-cap momentum remains bullish, and the dollar index has confirmed a second breakout.

The cryptocurrency faces two equally likely scenarios: a break below the next short-term support fan line this week or an ascending-wedge breakout toward the 0.618 Fibonacci level at $93,650. A roughly 20% pullback is expected, though not immediately, described as a personal view rather than an objective guarantee.

Meanwhile, dominance signals for altcoins await candle confirmation, based on measures like the crypto total market cap excluding the top 100 coins. The dollar index's confirmed breakout could act as a catalyst for a sudden crypto dip, with analysts recommending preparation to buy weakness rather than assuming a dip will occur.

BNB's chart remains strong despite a TBT bearish divergence cluster. It could bounce from the Fast line, with the Slow line at 646.01 identified as a dip-buy zone. No specific trading advice on stops, position size, leverage, or immediate entry was provided.