Every year before the altcoin season, we observe a familiar pattern: BTC dominance (BTC.D) rises significantly, then drops sharply, creating room for altcoins to rally.
2018–2020: BTC.D peaked at 72%.
2021: BTC.D dropped from 72% to 39%, sparking an incredible altcoin season.
We seem to be in a similar cycle now!
2022–2023: BTC.D rose from 40% to 60%.
Could we see a drop in BTC.D this year? It’s highly likely!
If BTC.D were to drop back toward 39%, it could signal an immense flow of capital into altcoins, potentially igniting an altcoin season reminiscent of 2021’s explosive rally.
I CANT WAIT TO SEE IF THIS PLAYS OUT!
2018–2020: BTC.D peaked at 72%.
2021: BTC.D dropped from 72% to 39%, sparking an incredible altcoin season.
We seem to be in a similar cycle now!
2022–2023: BTC.D rose from 40% to 60%.
Could we see a drop in BTC.D this year? It’s highly likely!
If BTC.D were to drop back toward 39%, it could signal an immense flow of capital into altcoins, potentially igniting an altcoin season reminiscent of 2021’s explosive rally.
I CANT WAIT TO SEE IF THIS PLAYS OUT!
JOIN ME ON TELEGRAM t.me/aztradescrypto
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.
JOIN ME ON TELEGRAM t.me/aztradescrypto
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.