*THE LAST BARRIER FOR ALT SEASON*

Bitcoin Dominance (BTC Dominance) is a metric that measures Bitcoin's market capitalization as a percentage of the total cryptocurrency market cap. A rising BTC Dominance suggests a preference for Bitcoin over ALTCOINS, often seen during market uncertainty, while a low ratio indicates increased interest in ALTCOINS during bullish trends.

We're almost at the end of the Bullish trend for BTC dominance meaning the moment it starrs dropping, we will see significant gains across strong alt coins. However, the point where we stand as of today remains doubtful as we were into the intersection of the bullish and the bearish parallel channel. A small fakeout to the 60.5% mark would bring a lot of fear in the market making it easy for the market makers to push the alts to higher prices, they will try their best to extend the Alt-season as long as they can but they can't stop it from coming as it is the only way how they can sell their accumulated bags and thats also how new people are lured into the crypto markets.

The circle marked in the chart is our last barrier starting tomorrow 24th Jan 2025 continuing till the FOMC meeting (28th January). Things will eventually become clear once we get out of the circled area and the forecasted fractal in yellow. The green forecast represents bullishness for Alts.

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