โ๏ธ By Sailesh
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As Bitcoin consolidates between $28,000โ$30,000, something interesting is happening beneath the surface โ Bitcoin dominance is falling, and altcoins are starting to pump.
Historically, a drop in BTC dominance has preceded major altcoin rallies, also known as Altseason. Is it time?
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๐ Key Highlights:
๐ Bitcoin Dominance fell from 54.2% to 50.8% in just 10 days.
๐ข Altcoins like SOL, LINK, and MATIC are showing strong double-digit gains.
๐ฎ Analysts believe a confirmed drop below 50% dominance could spark an explosive altcoin market.
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๐ง Why It Matters:
Bitcoin leads the crypto market, but when it stabilizes or underperforms, liquidity flows into altcoins.
The lower the BTC dominance, the more powerful altcoin surges become. This shift may signal:
โ Entry point for swing traders
โ Early wave of a full-blown altseason
โ Increasing retail confidence
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๐ What to Watch:
๐ BTC.D chart on TradingView or CoinMarketCap
๐ฅ Breakouts in top 20 altcoins
๐ง Sentiment on crypto Twitter and Telegram groups
๐ช NFT and DeFi token movements
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๐ก Final Thought:
Altseason doesnโt announce itself โ it creeps in when you least expect it.
This might be the beginning. Will you catch the wave or watch it pass?
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#Altseason #BitcoinDominance #CryptoNews #BinanceWriteAndEarn #BTC #Altcoins #CryptoTrading
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