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Rana Faisal
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Stop Doing Wrong Analysis
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SL ALSO HIT HERE
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Again SL hit on This
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Hold it , am also down in it but it is just for some days
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#BTCRebound As of April 21, 2025, Bitcoin’s market dominance has surged to 64%, the highest level in over four years. This increase reflects a significant shift in investor preference towards Bitcoin amid market uncertainties. Analysts suggest that such a high dominance could indicate an impending correction for altcoins before any significant gains, while others see potential for an altcoin season. Notably, former BitMEX CEO Arthur Hayes predicts that Bitcoin’s dominance could reach 70% as altcoins continue to underperform. The Altcoin Season Index, which gauges the performance of altcoins relative to Bitcoin, currently sits around 27, indicating a strong Bitcoin season. Historically, altcoin seasons emerge when this index surpasses 75. However, some analysts believe that once Bitcoin’s dominance peaks and stabilizes, capital may rotate into altcoins, potentially igniting a new altcoin season later in 2025. Investors are advised to monitor Bitcoin’s dominance and market trends closely, as shifts in dominance can signal broader movements in the cryptocurrency market.
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