Market Cap BTC Dominance, %
Long
Updated

Alt season possibly canceled for 1 month

495
Bitcoin dominance looks like it's bottoming out.

We might get a bounce to the mid to upper 60's.

This will put pressure on alt-coins for approximately one month, then alt-season will resume once bitcoin dominance has topped out.

This is only my opinion.
Note
The vertical red line is 4 years ago when the alt-season in 2017 started.
Note
Updated idea in my new post.

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