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There's not much to tell about this chart as it's still in bullish trend. Still made a higher low and higher high on percentage movement. If this keeps continue, i expect 70% for BTC dominance would be reach in no time.
There's a fractal pattern for BTC dominance in between previous chart movement that made a double top and current percentage movement. Not saying this recent percentage movement would made a double top but it looks following it's percentage movement IF the recent percentage broke below the neckline support (yellow line) in order these fractal pattern to play out.
Thank you for your time to read this post and please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion,
and please feel free to share what your thought on comment section.
peace.
Looks like a good time to buy the dip. When is altcoin season?
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nobody knows when the precise time would be. Let just says if this fractal pattern could repeat it self by breaking the neckline (yellow line in the chart) and the btc dominance could fall from it just like previous percentage movement on the last month.. that MIGHT be an early sign for altcoin season.
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