- Bitcoin clung to the $65K support as miners and short-term holders showed signs of distribution.
- Falling BTC dominance hinted at a potential capital shift toward altcoins in the coming weeks.
Bitcoin [BTC] is showing signs of strain as it clings to the $65K support level, raising concerns across the market.
As volatility resurfaces and momentum indicators signal caution, traders are questioning the nature of the current trend. Is it simply a healthy pullback, or could it mark the beginning of a broader capital shift?
As BTC consolidates, the possibility for a late-year altcoin season is starting to get a lot more real.