BTCD breaking down
Looking at past halving events and how btc dominance moved, we either already have seen the btcd top or it will happen by end of January. Then if we follow the same patterns from the past, it will take a 4 to 6 month altseason.
The narrative that the altseason won't be like previous half seasons seems like BS. In the previous bull season the btcd bottom was at 40% and this time around it looks like it will bottom around 42% (maybe even lower due to FOMO).
So buckle your belts and hold on to your seats ladies and gents.
The narrative that the altseason won't be like previous half seasons seems like BS. In the previous bull season the btcd bottom was at 40% and this time around it looks like it will bottom around 42% (maybe even lower due to FOMO).
So buckle your belts and hold on to your seats ladies and gents.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.