Altcoins Poised For December Gains As Bitcoin Loses Ground: Analyst

Quick Summary:

We are indeed officially in #ALTSEASON folks! pic.twitter.com/fVysBYuOKn — Mikybull 🐂Crypto (@MikybullCrypto) November 30, 2024 A Look At Bitcoin Market Dominance In crypto, analysts and market participants use a variety of metrics to assess Bitcoin’s performance.

Analyst Thinks It’s Happening This Cycle According to some crypto commentators over Twitter/X, Bitcoin’s market dominance is dipping, which means that altcoin season is about to start.

In a post by MikyBull Crypto, Bitcoin’s market dominance falls below its two-year support line, creating plenty of opportunities for holders and traders.

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets: United KingdomCanadaSouth KoreaPhilippines

Topics: Bitcoin Crypto Cryptocurrency Market News Altcoins Btcusd Btc

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-02 @ 20:00:26 (2 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 493 words

Reading Time: 3 minutes read

Sentences: 80 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 24056717

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Main Topics: Crypto

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