#Bitcoin     Dominance Update

 

$BTC dominance have just hit the multi-

yearresistance. 

 

In 2017 and 2021, $BTC dominance got

rejected from that trendline, which

ignited the mega altseason. 

 

There could be a fakeout like 2021,

when BTC dominance broke this line,

but eventually it closed the monthly

candle below that.

 

Once $BTC dominance gets rejected

from this, alts will start to outperform

BTC, and the altseason will start.

 

Reminder 👇

 

This is a monthly candle, so it could

take 4-6 weeks or more to play out the

above scenario.

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