and Benjamin Cowen have sparked discussions within the cryptocurrency community with their recent insights into the trajectory of Bitcoin dominance. Brandt's chart, accompanied by the question,"What if there won't be an altcoin season?" highlights his perspective on the potential rise in dominance. Currently standing at 54.27%, Brandt suggests that according to patterns of technical analysis, Bitcoin dominance could surge as high as 66.32%.
He argues that the assumption of altcoin dominance rising after Bitcoin's peak may not hold true, citing historical instances where The comparison between the current market landscape and that of 2019 is pivotal. Unlike 2019, where new highs were not attained, 2024 has seen Bitcoin reaching unprecedented levels.
He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.Dogecoin Back to Yearly High? Ethereum on Verge of Breakthrough, Solana Fell Behind Rest of Market: Reason
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