🚨Bitcoin dominance has topped out. The parabolic phase starts now!
$BTC 🧧🧧🚀
The chart clearly shows it—Bitcoin dominance has likely peaked. Historically, when this happens, it’s a signal that the parabolic phase of the cycle is about to begin.
Looking at the previous cycles, Bitcoin’s price action followed a very similar pattern:
1. Long accumulation phase
2. Dominance top
3. Explosive upward move
Right now, we’re at that second stage. Bitcoin has broken out of its long-term range and is ready to move. Dominance has hit resistance, and if it starts falling from here, that liquidity will likely flow into altcoins, marking the start of altseason.
The setup is eerily similar to 2020-2021. If history rhymes, the next leg up will be violent. DYOR
Are you ready for the parabolic run?