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MedianLineAnalysis

Bitcoin Dominance Likely to Have Peaked for Now

Market Cap BTC Dominance, % (CRYPTOCAP:BTC.D)  
MedianLineAnalysis  
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Trend Analysis Chart Patterns Technical Indicators BTC Bitcoin (Cryptocurrency) bitcoindominance dominance altseason Bearish Patterns stablecoins stablecoin usdt
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trendanalysis chartpattern indicator btc bitcoin bitcoindominance dominance altseason bearish stablecoins stablecoin usdt
Hey there!
It seems that Bitcoin dominance has peaked, at least for the time being. A medium-term retracement to 44% in 3-4 months appears likely. While some may view this as the start of alt season, we should consider that increased market volatility may lead to stablecoin dominance rising, which could explain the drop in Bitcoin dominance in a turbulent market scenario.

As always, stay safe and stay liquid.
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