📈 Is Altcoin Season Nearing? Studying the Bitcoin Dominance Cycle 📈

Take a look at this Bitcoin dominance chart! Over the past cycles, we have noticed a recurring pattern that could indicate a potential altcoin season on the horizon.

💠 Key Notes:

👉Each phase of Bitcoin dominance increases lasted approximately 1065-1066 days.

👉After that, there was a decline in dominance that lasted approximately 334 days.

Currently, Bitcoin dominance is approaching 60%, and if history repeats itself, we could soon see a decline in dominance. This decline typically creates a favorable environment for altcoins to rise faster than Bitcoin, signaling the start of altcoin season.

💡 Why This Matters: A decline in Bitcoin dominance means that money could start flowing from Bitcoin to altcoins, potentially driving up their prices. So, keep an eye on the charts - if this trend continues, we could be in for a lucrative alt season soon!

🚀 Are you ready for an alternate season?$BTC