- The Bitcoin dominance chart shows a bear flag pattern forming as the price holds below its 20-day SMA level.
- Analyst CantoneseCat says BTC.D looks weak, noting lower highs and failure to reclaim the short-term trendline.
- Chart data shows Bitcoin dominance rolling over near 59% as momentum slows across the crypto market.
Bitcoin dominance has dropped to around 59%, showing weakness after failing to reclaim its 20-day simple moving average (SMA). The daily chart, shared by analyst CantoneseCat on November 11, 2025, shows the dominance metric rolling over with lower highs, forming what appears to be a bear flag structure. The analyst noted that the setup looks “weak,” pointing to a possible decline in Bitcoin’s share of total crypto market capitalization.
The chart’s Bollinger Bands confirm shrinking volatility, reflecting a tightening range after several weeks of mixed movement. The inability to break above short-term resistance around the 20-day SMA has raised questions about whether Bitcoin’s market control may continue to decline.
Could this signal a broader phase of altcoin strength as Bitcoin dominance loses momentum?
Technical View: Lower Highs and Bear Flag Formation
The daily chart for BTC.D shows a distinct pattern of lower highs since early November, with the market unable to build sustained upside pressure. According to the visual analysis, Bitcoin’s dominance struggled to cross the mid-Bollinger Band level, signaling that selling pressure remains active near short-term resistance.
The 20-day SMA, shown in orange, continues to act as a ceiling, rejecting upward attempts near 60%. Each rebound has met resistance at nearly the same range, suggesting a gradual shift in sentiment. The bear flag pattern visible on the chart typically forms after a downward impulse and reflects potential continuation toward previous lows.
Volatility bands have also started contracting, which often precedes sharper directional moves. With BTC.D positioned below the 20-day average, tra d ers are closely observing whether this structure will resolve downward in line with the established trend.
Analyst View: “Looking Weak” Below Key Level
CantoneseCat described Bitcoin dominance as “looking weak,” comparing its state to a pop-culture metaphor — “like Captain America before Super Serum, except there’s no Super Serum.” The post humorously underscores the lack of visible strength or recovery signs within the chart’s structure.
The analyst’s statement follows a period where BTC.D attempted to maintain its mid-October breakout levels. However, subsequent sessions failed to hold above 60%, confirming repeated resistance. The rejection pattern aligns with technical indicators showing that momentum has flattened despite brief intraday rallies.
CantoneseCat’s assessment further aligns with previous market observations suggesting that Bitcoin’s dominance may enter an extended sideways or downward cycle. The decline below the moving average strengthens the bearish bias, while repeated failures to form new highs highlight the exhaustion in buying pressure.
Market Reaction and Broader Context
Traders following the dominance chart have noted how shifts in BTC.D often precede changes in altcoin performance. A drop in Bitcoin dominance typically signals growing capital rotation into other crypto assets, while a rise implies market consolidation toward Bitcoin.
At 59.93%, Bitcoin’s dominance remains well below its summer highs, suggesting that liquidity distribution may be widening again. Technical watchers have identified that dominance metrics often react strongly around key moving averages such as the 20-day and 50-day SMAs.
The ongoing setup now raises questions about the timing of the next decisive move. If the pattern plays out as a bear flag continuation, the next major support could emerge near the 58% region. Conversely, recovery above 60.5% might invalidate the bearish view and signal a short-term rebound
