BTC Dominance Signals : Navigating the Crypto Cycle for Altsea-son Gains

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BTC dominance currently stands at 60%, a significant marker for long-term investors analyzing market cycles. Historically, Bitcoin leads the crypto market, sparking bull runs followed by altcoin momentum.

In 2018, BTC dominance hit 35%, coinciding with an altseason peak before a bear market set in. By January 2021, dominance reached 74% before altseason kicked off again, and BTC surged from $40K to $70K, while altcoins saw even greater percentage gains.

Current Insights :

- BTC Dominance : At 60%, with potential resistance at 64-67%.

- Market Position : Bitcoin has achieved a new ATH, but the total crypto market hasn't.

- Outlook : This could be the start of a new altseason, suggesting strategic investment in altcoins.

Conclusion & Advice :

BTC's high dominance hints at altcoins' impending rise. With BTC possibly facing resistance at 64-67%, altcoins may outperform in the next cycle phase. Investors should begin researching promising altcoins for potential gains. Patience and timing are key—watch BTC dominance trends for optimal entry points into the alt market.