BTC.D (3W) – Has the Altcoin Season Begun?
For the first time since November 2022, Bitcoin's dominance closed a 3-week candle below the upward trend line.
With it, the first bearish crossover of the MACD indicator appeared on the same timeframe in 5 years!
Last time we saw these setups:
- Dominance collapsed $BTC
- The altcoin market exploded
- And it took about ~105 days to reach the bottom after the crossover
Now? The pattern is repeating.
If October is the end of the countdown… get ready, we may be on the verge of an unprecedented wave.
⚠️ Short-term note: BTC.D may retest the trend line, giving Bitcoin some temporary control... before altcoins take off.
Follow channel #CryptoEmad for deeper analysis