Altseason 3.0 Has Begun

The chart highlights the behavior of Bitcoin Dominance (BTC.D) over time, focusing on its declines post-halving events and the subsequent "Altseason" periods where altcoins outperform Bitcoin.

🔸 Historical Altseasons:

→ Post-2016 Halving:

After the 2016 halving, Bitcoin's dominance fell sharply in 2017, culminating in a significant altseason where many altcoins reached new all-time highs.

→ Post-2020 Halving:

Similarly, after the 2020 halving, Bitcoin dominance peaked and then fell as the market entered another altseason in 2021, with both large-cap and smaller altcoins experiencing massive rallies.

→ Current Cycle:

With the 2024 halving approaching, BTC dominance is near its cyclical peak, and the decline suggests the beginning of another altseason. Large-cap altcoins are already starting to outperform, with some making new all-time highs.

🔸Final Note:

BTC dominance has likely made its high for this cycle. The market is officially entering altseason, with large-cap altcoins already hitting new all-time highs.

This signals a shift in market focus from Bitcoin to broader opportunities in the cryptocurrency space.#BTC100K! #CryptoZombieUprising #Share1BNBDaily #MicrosoftBTCInvestmentVote