Thereโs exciting news about Bitcoinโs dominance in the crypto market! ๐ In the past month, Bitcoinโs dominance has dropped from 60% to 56%, according to data from TradingView. ๐ฒ Analysts are predicting that Bitcoin will break through a support line that has held for years. โ ๏ธ
Meanwhile, Ethereumโs dominance has also dropped to 12.9%, following Bitcoinโs decline. ๐ However, altcoin dominance has increased to 31.5%, up from 28.1% last month. ๐ This could be a sign that we are entering Altseason, where altcoins are starting to outperform Bitcoin! ๐
So, if you see this trend, it might be time to pay attention to the rising altcoins! ๐๐ฐ$BTC
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