Okay, someone might ask me why you are looking at comparisons in the fractal for distant years and not using the comparison for the previous cycle?
Why didn't you take a nearby month that reflects the end of the cycle?
For example, in the chart, the end of the time cycle for Bitcoin in 2021 had a strong correction in the first week of September, and then it rose strongly to the first week of November and ended its cycle there at $68,000.
First: Everything is possible, and I do not rule out any scenario.
Second: By reviewing the price behavior, I found that August 2020 is closer to the current wave in the rise, correction, and movement of the indicators, and even in the Bitcoin dominance percentage, as the dominance in August 2020 and 2025 was 58%.
However, in the 2021 wave, it was very far and close to its bottom at 40%😐.
So give me a reason to choose the 2021 wave?
Is the dominance now at 40% levels? No.
Are alternative coins high for two months? No.
So why compare with that of the 2021 wave?
Did you know:
that some coins achieved 7X from July 2021 to September 2021!!
Why? Because Bitcoin's dominance fell early.