Rally

<ul class="news-points"> 
 <li>Dan Gambardello noted in an X post today that Bitcoin’s dominance is dropping slightly.</li> 
 <li>Despite BTC losing some of its market presence, the analyst predicted that the altcoin season may still be a few months away.</li> 
 <li>Gambardello also noted that ETH and ADA seem to be setting up for a bullish rally.</li> 
</ul> 
The cryptocurrency trader and analyst Dan Gambardello revealed in an X post earlier today that <a href="https://coinedition.com/tag/bitcoin-btc-news/">Bitcoin’s (BTC)</a> dominance is dropping. According to the post, this may open up the potential for altcoins to rally before the upcoming halving event estimated to take place in April. 
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 Cardano Record-Breaking Moment! Ethereum Rally Pending… Intro 00:00 Alton season timeline right here! 00:30 ADA/BTC bottoming out 3:00 ETH/BTC bottoming out 3:35 Ethereum power play 4:30 Cardano about to break huge milestone! 7:50 <a href="https://t.co/GR9FODDfRA" target="_blank" rel="nofollow">pic.twitter.com/GR9FODDfRA</a>— Dan Gambardello (@cryptorecruitr) <a href="https://twitter.com/cryptorecruitr/status/1732207773893398881?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">December 6, 2023</a>
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In his analysis, Gambardello mentioned that BTC’s dominance reaching between 60% to 67% was still a possibility. Nevertheless, he speculated that the market leader’s dominance could drop significantly as the halving event approaches. 
Should traders exit their positions in BTC and dir…
The post <a href="https://coinedition.com/btcs-dominance-drops-but-alt-season-may-still-be-months-away/">BTC’s Dominance Drops, but Alt Season May Still Be Months Away</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

BTC’s Dominance Drops, but Alt Season May Still Be Months Away

Coin Edition

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