#BTC Bitcoin Dominance Slumps, Altcoins Prepare to Soar $BTC
According to renowned crypto analyst Dan Gambardello, the crypto market is on the verge of a crucial phase. Based on six and a half years of technical analysis and volume data, Gambardello expects significant market volatility in the next two months.
Indicator Heads Down
Coin Edition reports that, Gambardello's chart shows that this MA is approaching the crossover point once again. The data also shows that Bitcoin dominance is nearing its peak, with signs of losing momentum.
As a result, the analyst expects a potential decline in BTC dominance, signaling a shift in investment from Bitcoin to altcoins or a substantial capital flow into the altcoin market.
