Maths4Traders(@Square-Creator-57d310371)'s insights

$BTC #BTCDominanceInfluenceOnTheMarket #JustAfterLatestATH

Maths4Traders · 2025-02-03T10:27:31.000Z

$BTC #BTCDominanceInfluenceOnTheMarket #JustAfterLatestATH We hear a lot about #altsesaon and #BullOnTheRun around here. Yet absolutely everyone has already observed that $BTC reached a last ATH recently, right? But what usually happens next? Especially when its dominance increases? Did you analyze the following article as well as the dominance of $BTC to understand the alternative in play and take your precautions in one direction and the other? 👇👍 Today, what really matters is to unite our thinking capacity to try to predict when and at what price BTC will reach a sufficiently strong support (or its next ATL), after which the market will take off again 👍. #TrainYourselfAndTrainOthers 🤝

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Maths4Traders

What happens when BTC just hits an ATH and its dominance increases in parallel?

#Bitcoin
#CryptoMarket
#BTCDominance
#MarketTrends
#SeriousAnalysis
What are the likely consequences of the following historical observation?
The observation that Bitcoin ($BTC ) reaches an all-time high (ATH) followed by a decline over a 2-8 month period is generally correct.
Historically, after reaching an ATH, Bitcoin has often experienced phases of correction or consolidation before resuming an uptrend.

Historical examples:

December 2017: Bitcoin reached an ATH of around $20,000. Its price then declined gradually over several months, reaching around $6,000 in June 2018.

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