#BTC Dominance Bitcoin Dominance To Top At 71%? Historically, every time Bitcoin Dominance broke into the 58-71% macro range... It would revisit 71% This has happened 3/3 times It's clear therefore that across time... BTC DOM tries to get as close to 71% as humanly possible before harshly rejecting into a strong downtrend to enable a strong Altseason Could Bitcoin Dominance Top Before 71%? But in saying that, it is worth examining the ways in which Bitcoin Dominance could get as close as possible to 71% but still slightly fall short The Weekly timeframe offers this potential scenario whereby a declining black diagonal resistance is potentially developing That said, BTC DOM has historically had a tendency to upside wick beyond this trendline by 1.58% to 4.58% So even with this declining trendline, BTC DOM could still deviate to the upside beyond it to reach at least 67% and potentially up to 69% Bitcoin Dominance Which is still fairly close to 71% The Higher Bitcoin...
#BTC Dominance
If history repeats, the real Altseason everybody is waiting for would begin once Bitcoin Dominance rejects from 71% (red)
$BTC #Altseason #Bitcoin
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