Altseason Starts Now! If $BTC dominance stays this bearish by monthly close, it could confirm the altseason we've all been waiting for. This is the deepest red candle we have seen on BTC.D since the bull run began, and I'm sure it means something big is brewing. Back in 2020, altseason also kicked off with a huge bearish rejection from the same bearish trendline. It lasted 243 days until the Bitcoin cycle top. If history rhymes, not only is altseason here, but the BTC cycle top might take longer to form than the typical 4-year theory suggests.
BATMAN ⚡
BATMAN ⚡15.7. klo 21.12
On the monthly chart, $BTC dominance is entering its bearish trendline area once again. This is the same area that caused $BTC.D to top out and start the altseasons in 2016 and 2020. Is this the moment we have all been waiting for?
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