➡️The drop in Bitcoin acquisition #BTC opens the door for alternative currencies #Xrp🔥🔥 #ETH #solana #SUI🔥 ?! 🔻🚀
The Bitcoin Dominance Index clearly indicates that the market is preparing for a major move!
Currently, dominance is at 62.84% after failing to exceed the moving average, and with a clear descending peak pattern emerging, we may see a drop towards 61% levels or even break it.
The red line at 60.94% represents very strong support, and breaking it will be a clear signal for the start of the Altcoin season, especially with new liquidity entering from Ethereum and some strong currencies.
Is it time to shift from Bitcoin to altcoins?
The question for you:
📈 Yes, it is time for altcoins
❤️ Not yet, we need more confirmation
📉 No, Bitcoin will remain dominant