This is BTC Dominance weekly candlestick chart.

in H4LAB Research18 days ago (edited)

1000014786.jpg

Source: Bitcoin Magazine Pro

In 2017, altcoins were appearing. But the concept of Altseason didn't exist.

BTC(Bitcoin) Dominance consolidated for 140 days since July 17. Then, it collapsed since Dec 17, occuring Altseason 1.0.

This post describes consolidation periods right before altseasons after each BTC halving.

1000014789.jpg

Source: Bitcoin Magazine Pro

Before Altseason 2.0, BTC Dominance had consolidated for 56 days. Then, it collapsed since Mar 21, happening Altseason 2.0.

1000014792.jpg

Source: Bitcoin Magazine Pro

In this cycle, Dominance has been consolidating for 105 days.. so sick of it!

Please, let it go!!

Hopefully, between 56~140 days 🙏