Why Alts down so bad when #Bitcoin only moved 2 to 3%?

Let's find out,
$BTC bounced from 65k$ support as mentioned in the last update, making a Double Bottom Pattern and reached to its local resistance of 67k$, we can expect some bullish moment towards 70k on breakout above the mention level in Higher Time Frame.

Why Alts Bleeding?, it's because of Dominace (refer 2nd chart)

We have noted that recent bitcoin surge increased the Bitcoin Dominance as well.
Bitcoin Dominance is currently residing at 55.63% and looking to do a breakout which can potentially take the altcoin market down.
Bitcoin Dominance is having resistance at 57%, it should get some correction with stability in Price of Bitcoin in that range in order to give altcoins to grow.

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