2024

Bitcoin

Coin

<ul class="news-points">
 <li>The crypto market is entering a critical season.</li>
 <li>Altcoins to rally in the next two months.</li>
 <li>Bitcoin dominance is about to drop.</li>
</ul>
According to Dan Gambardello, a cryptocurrency analyst, the crypto market is entering a critical phase. Citing six and a half years of technical analysis data volume, Gambardello contends that the crypto market will experience significant volatility within the next two months.
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 As far as crypto cycles go, we’re entering a critical time for me personally. Altcoins should soon be getting ready to make their move and BTC dominance should begin falling, in between now &amp; August. Around 6.5 years of technical analysis &amp; studying cycles comes down to this! <a href="https://t.co/vZeFkRA4dW" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/vZeFkRA4dW</a>— Dan Gambardello (@cryptorecruitr) <a href="https://twitter.com/cryptorecruitr/status/1795211808325714273?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May 27, 2024</a>
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Gambardello predicts an imminent altcoin season is set to kick off soon while he foresees an upcoming drop in Bitcoin’s dominance. The analyst elaborated on his prediction using a graphical image of the Bitcoin dominance trend from 2017 to date. For context, Bitcoin dominance typically trends in the opposite direction to the altcoin market, especially during significant market volatility.
The analyst’s pr…
The post <a href="https://coinedition.com/bitcoin-dominance-to-wane-as-altcoins-gear-up-for-rally-analyst-says/" rel="noopener noreferrer nofollow">Bitcoin Dominance to Wane as Altcoins Gear Up for Rally, Analyst Says</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Bitcoin Dominance to Wane as Altcoins Gear Up for Rally, Analyst Says

Coin Edition

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