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📈 Unlocking the Mystery of "#Alt Season" 🚀
🔍 Ever wondered what triggers an "#Alt Season"? Here's the scoop:
- 📉 **BTC Dominance Decline:** When Bitcoin dominance plummets, signaling investors shifting profits from BTC to altcoins.
- 🔄 **Macro Trends:** However, a sustained uptrend in BTC dominance, like the one we've seen recently, suggests otherwise. This indicates it's not yet "alt season."
📊 **Chart Insights:** Take a look at the chart below showcasing the last alt season in 2021. It's clear that true "#Alt Season" moments are characterized by significant drops in BTC dominance.
🔎 Dive deeper into the trends and understand the dynamics behind cryptocurrency market movements!
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