Altseason Alert: Watch This Bitcoin Dominance Pattern Closely!
Altseason Alert: Watch This Bitcoin Dominance Pattern Closely!
Market Cap BTC Dominance, % CRYPTOCAP:BTC.D
CoreCrypto1
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We’ve all been waiting eagerly for one thing—the Altseason! I know it can be frustrating hearing "Altseason soon" while altcoins seem to be moving sideways. But remember, the longer we wait, the bigger the rewards could be when it finally arrives.
Now, let's dive into the Bitcoin Dominance chart, because Altseason largely depends on it.
As you can see, dominance is forming a rising wedge pattern on the daily time frame and is currently showing rejection from the upper trendline. If we get a strong rejection here followed by a breakdown, it could be the spark that kicks off an incredible Altseason.
The key here is patience. Stay strong, hold your altcoin bags, and get ready for the big move!
Let's discuss it! What are your thoughts on Bitcoin Dominance and the potential for an altcoin season? Share your analysis in the comments below.
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