$BTC Dominance has reversed after reaching its first major resistance zone!

However, considering Asian New Year traditions and comparing with previous cycles, it’s very likely that $BTC Dominance will experience another bounce. Where this bounce will end is still uncertain!

It could potentially reach the peak zone of 61-62% if $BTC rises strongly, leaving altcoins behind.

Alternatively, it might only reach around 59% if $BTC starts to move sideways from now and altcoins grow stronger.

For those who still have funds to accumulate, the next accumulation window will likely be between January 16-22/23, 2025.

It will be interesting to see how $BTC Dominance plays out in the coming days with the influence of Asian New Year traditions. The potential bounce could impact the market dynamics between Bitcoin and altcoins. Traders will be closely monitoring the situation for strategic opportunities during the next accumulation window.