In this video, I discuss the crucial importance of Bitcoin dominance and its implications for the altcoin market. I analyze the technical indicators on the Bitcoin dominance chart, which suggest a potential pullback and the onset of an altcoin season, similar to previous market cycles. I also highlight the impact of factors like the recent Bitcoin ETF launch and the correlation between Bitcoin's performance and macroeconomic indicators like money supply growth. Overall, I believe the current market setup is setting the stage for a potential explosion in the total crypto market cap, excluding Bitcoin and Ethereum, and I'm closely watching the daily Bitcoin dominance chart for clues on the timing and magnitude of the next altcoin rally.

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Intro 00:00
Key points for crypto 1:10
Bitcoin dominance breakdown 3:30
How this plays into altcoin season 7:10
BTC dominance in next 30 days 9:20

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*The above video references an opinion and is for news/information and entertainment purposes only. It is not intended to be investment advice, financial advice, or any solicitation, recommendation, endorsement, or offer that you buy or sell any cryptocurrency or securities. Trading in cryptocurrencies and securities is a high risk activity involving risk of loss so please seek a duly licensed professional for investment or financial advice. The information provided on this video should not be used to make any investment or financial decisions without consulting your financial or investment advisor. This video contains my opinion only and is not intended to cause harm or defame anyone or any entity.

Crypto Capital Venture is big on tracking bitcoin market in particular. The general premise of technical analysis videos on Crypto Capital Venture is that although Bitcoin price price moves very in a very volatile way, there is much opportunity in being prepared for upside and downside. We also cover Bitcoin news on this channel as it comes out.

#crypto #cryptocurrency #cryptonews #cryptocurrency #cryptocapitalventure #blockchain #finance #stock #investment #crypto #altcoin

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