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Questioning the Ending of the Altcoin Season Without Bitcoin Dominance Drop
While it's understandable that altcoins have been underperforming Bitcoin for an extended period compared to the previous cycle, considering the dominance cycle shows that from 66, they faced resistance and then fluctuated between 40 to 44, moving up to 70 and then falling after each halving cycle. Is it realistic for the season to end without a decline in Bitcoin dominance? Haha.
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AI Analysis
The current market observation suggests that altcoins have been underperforming Bitcoin for a prolonged period relative to the previous cycle. Usually, during such cycles, Bitcoin’s dominance tends to...
AI Recommendation
Given the analysis, it is advisable to approach current altcoin investments with caution and not assume typical seasonal patterns will apply. Investors should closely monitor Bitcoin’s dominance as an...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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