
This isn't the first time we show you this chart but it couldn't be more relevant than today. We have established on previous analyses how Bitcoin (BTCUSD) has most likely started the final rally of its Cycle, historically the parabolic rally of the last 6 months of the Bull Cycle that ends with its Top.
The addition of today's analysis is that with Bitcoin Dominance (orange trend-line) approaching its 8-year Lower Highs trend-line, this 'Final 6 months rally' of BTC is what technically also starts the Altseason. This is when lower cap coins see massive gains compared to the high cap ones.
At the same time, we get one more confirmation of why a $150k BTC Target is realistic, as by the end of 2025, this price would still be on the 0.618 Fibonacci level of the 8-year Fib Channel Up, a rather 'bad case' scenario based on this pattern.
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