Drop in Bitcoin dominance and bullish altcoin market structure have traders predicting altseason – Cointelegraph

Bitcoin’s dominance in the cryptocurrency market has been on the decline, leading traders to predict the onset of a bullish altcoin market structure. This shift has sparked anticipation of an “altseason” among investors and traders. As Bitcoin’s dominance drops, altcoins are gaining traction and showing potential for significant growth. This trend has caught the attention of market participants, who are closely monitoring the altcoin market for potential opportunities. The rise of altcoins could lead to a period of increased activity and trading volume in the cryptocurrency market. Investors are advised to stay informed and vigilant as they navigate this evolving market landscape.

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