Bitcoin Dominance is set for a deep drop (12H)

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This analysis is an update to the previous analysis, which you can find in the related publications section.

We have changed our outlook on Bitcoin Dominance!

Based on the signs appearing in altcoin charts, the Bitcoin Dominance chart itself, and the recent Middle East peace-related developments, we may expect a decline in Bitcoin Dominance and a revival in the altcoin market.

It appears that a large Diametric pattern has formed, with wave G either already completed or very close to completion.

From the red highlighted zone, Bitcoin Dominance could move toward the specified target levels.

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