Let's take a look at BTC Dominance weekly candlestick chart 🤔
I still keep the perspective that BTC Dominance will collapse to around 40% at the end of this year.
Since it's never plummeted below 35%, if it plunges to 40% approximately, I guess the next Altseason 3.0 will end.(Bear 🐻❄ case)
Furthermore, if the Federal Funds Rate declines to the high 2% range until next June, and there's no bad news, I look forward to 25~30% of BTC Dominance.(Bull 🐂 case)
We've been shaken out 🧼 during the last 3 years and 10 months. So, I hope the altcoin market will reward us at least Bull 🐂 case ☺️
Whatever, I like it. But, since Nov 2021, there have been 3 small altseasons. So, I guess this time won't be a small altseason 🤔
I expect it would be at least a bear case 🧐