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@sakar
The chart illustrates Bitcoin Dominance (BTC.D) rejecting the 0.618 Fibonacci level, indicating a potential decline. Historically, BTC dominance has taken about 140 days (20 weeks) to drop significantly after such rejections. Currently in week 5, this implies a 100-day window for a sharp decline in BTC dominance, favoring altcoin performance. Q1 2025 is projected to be highly bullish for altcoins as BTC dominance continues to decrease.
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