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What to expect if #BTC Dominance falls below 40%❗️

#BTC dominance has been ranging for more than two years and is currently ing the range high as resistance. If #BTC dominance falls below 40%, it could spark an ALTcoin season.

Key levels to watch for in #BTC dominance are support at 45% / 40% and resistance at 48% / 55% / 59%. If #BTC dominance is rejected from 48%, we could see another altcoin season. If it breaks upward from 48%, we can expect another bloodbath in altcoins.

If #BTC dominance falls below 40%, we can expect a significant shift in the cryptocurrency market, with many ALTcoins experiencing significant gains against #BTC.

However, it's crucial to keep in mind that investing in ALTcoins carries risks. Always do thorough research before making any decisions and keep a close eye on #BTC dominance levels to be prepared for any potential market shifts.

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Currently, 4.3M Long-Term Holder coins are held at a loss, equivalent to 22.2% of the circulating supply.

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