I Think March Is Gonna Be a GOOD Month

📆🔥 I Think March Is Gonna Be a Good Month! 🚀💡

Bitcoin Dominance and the Altseason Setup
🚀 BTC Dominance Update: Bitcoin's dominance currently sits at 61.63%, and we're seeing some interesting developments in the market!

🔹 Back in the Channel – BTC dominance has climbed back into the ascending channel, a sign that it could continue its upward momentum. However, a drop to 58% or lower would be great for altcoins.

🔹 Major Rejection at 64.5% – The recent wick to 64.5% was a clear rejection, which could indicate that BTC dominance may struggle to push higher in the short term. Historically, these sharp rejections have led to potential shifts in market dynamics.

🔹 Will BTC Dominance Hit 71-73%? – Some analysts expect BTC dominance to test the 71-73% resistance, a historical inflection point that has previously led to strong altseasons. While such a scenario could put pressure on altcoins, the market has evolved, and alts have a much larger share than before.

📉 If BTC dominance fails to break higher and starts reversing, we could see a significant rotation into altcoins. Keep an eye on this trend as it unfolds!

🔥 March could be a pivotal month, and patience might just pay off! If you’re interested in deeper insights, check out my Bitcoin Broken Cycle / Delayed Cycle video from today.

💬 Drop your thoughts below! Will BTC dominance climb higher, or are we on the verge of an altcoin breakout?

One Love,
The FXPROFESSOR 💙

PS. I came across an interesting chart on Twitter and wanted to share the insights with you. I have no intention of advertising anyone, nor do I use others' charts without credit—I always create my own analysis. After all, all good legends create and post on Tradingview📊🔍