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"Is Bitcoin Dominance About To Give Way To Altseason? Analysts React"
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"The crypto market reacted negatively to Powell's statements, with the total crypto market cap falling by over 6% and liquidations exceeding $850 million in the past 24 hours. Some analysts, however, see the fall as an opportunity to accumulate altcoins, expecting Bitcoin Dominance (BTC.D) to decline in the coming days. BTC.D has been on a continual uptrend for the past two weeks, but some analysts believe it may be forming a lower high, which could lead to a steep decline and an altseason."
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"content": "nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgxm87efh934qwdkkngj6klr4k2de5wck92alcjl4x5edemg0c6a5gxlx94c\nhttps://bitcoinist.com/wp-content/uploads/2024/12/bitcoin-dominance.png?resize=980%2C631\nBitcoin (BTC) tumbled from a high of $108,135 on December 17 to $99,500, following US Federal Reserve (Fed) Chair Jerome Powell’s hawkish remarks yesterday. However, some crypto analysts are pinning their hopes on a potential decline in Bitcoin Dominance (BTC.D) that may pave the way for an altseason. What Caused The Crypto Market Crash? Since […]\nhttps://bitcoinist.com/is-bitcoin-dominance-about-to-give-way-to-altseason-analysts-react/",
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