Bitcoin traded near $81,359 on the 4 hour BTC/USD chart shared by Man of Bitcoin. The chart shows BTC moving inside a rising channel, while the short-term wave structure remains unclear. Man of Bitcoin said the key levels are well defined, even though the micro structure has not confirmed a clear path. The main support level sits at $74,917. As long as Bitcoin holds above that level, continuation without a deep pullback remains possible. Bitcoin Channel Breakout Chart. Source: Man of Bitcoin on X The chart also marks a highlighted support zone between $76,103 and $77,709, based on Fibonacci retracement levels. These levels include the 0.5 level near $77,709, the 0.618 level near $77,042, and the 0.786 level near $76,103. However, Man of Bitcoin still expects a possible retrace into that support zone before stronger continuation. A pullback into this area would keep BTC above the wider invalidation level, as long as price does not lose $74,917. The upside level also remains clear. A decisive breakout above the rising channel would suggest that wave 2 has already bottomed. In that case, BTC could continue toward higher targets marked near $87,000 and $90,000. For now, Bitcoin remains above key support but below the upper breakout zone. A clean channel breakout would strengthen the bullish structure. However, a drop below $74,917 would weaken the setup and raise the risk of a deeper correction. Bitcoin Dominance Rises as Altcoin Pairs Stay Under Pressure Bitcoin dominance traded near 61.21% on the 3 day BTC.D chart shared by Daan Crypto Trades. The chart shows BTC dominance rising from the yearly open near 59.55%, while Bitcoin has bounced and many altcoin pairs have weakened against BTC. Daan Crypto Trades said BTC.D has been rising over the past few weeks because Bitcoin has held stronger than altcoins. That means Bitcoin is taking a larger share of the total crypto market while ALT/BTC pairs continue to lose ground. Bitcoin Dominance Chart. Source: Daan Crypto Trades on X The chart shows the next marked resistance near 62.24%. Bitcoin dominance previously reacted around that zone, so a move into this area could decide whether BTC keeps gaining market share or pauses. Ethereum is also part of the pressure on altcoins. Daan noted that ETH/BTC is sitting near its February lows, which weighs on the broader Bitcoin dominance chart because Ethereum remains one of the largest non-Bitcoin assets. For now, BTC dominance remains above the yearly open and continues to move higher. A break above 62.24% could extend Bitcoin’s market share lead, while rejection from that level could give altcoin pairs room to recover.
