#TrendingTopic #HalvingHorizons šDetailed analysis of the altcoin season
š¢The other day the price of Bitcoin reached a historical high of 69 thousand. What's good for the crypto market
š¢Demand between the Wall Street ETF and the cryptocurrency exchange leads to a huge price pump of 69 thousand.
š¢Last month February - Btc rose 43% in a month, which happened during the last bull market in November 2021. candle of the gods
š¢So, next altcoin season. The chart above is about altcoins.
Btc.dominance - which is inversely proportional to the altcoin.
š¢ Btc .d resets - the altcoin will pump.
The latest altcoin season of 2021 saw BTC.D rise to 73.63%.
š¢ Here the current dominance rate is 54% - so if prices fall we won't be able to see a big altcoin season like 2021 - we'll only see a mini altcoin season.
š¢ So we expect Bitcoin to move to 70-80k, then dominance will move to 65-70% of the area, resistance to dominance will move to 73%, dominance will fall from there - once Bitcoin becomes stable.
š£Then we will get golden seasons of altcoins.
It's my opinion. I constantly inform you about any changes. Stay tunedš