If the projected path in the chart below plays out, the dominance could range slightly before beginning a rollover that takes it into the lower 63% zone and beyond. The trajectory on the chart suggests the decline could steepen in early June and finally open up the door for altcoins to thrive.
The chart outlook indicates that the Bitcoin dominance rally is nearing exhaustion. Despite recent losses across many altcoins, the projection structure suggests an imminent shift and a potential decline in Bitcoin dominance to 63.45%.
