Bitcoin's market dominance is nearing 60% after failing to break the 65% resistance level, according to recent technical analysis. Indicators such as the MACD suggest weakening momentum, raising the possibility of a decline toward 45%. The 50-day moving average is a critical trendline being monitored, while a symmetrical triangle pattern hints at further potential declines. A breakdown in dominance could lead to increased capital flows into altcoins, reminiscent of previous market cycles.