The monthly chart of Bitcoin dominance BTC.D shows a symmetrical triangle pattern extending from 2017 to 2025.
🔻 Every sharp decline in dominance during previous years (2017–2018) and (2020–2021) coincided with strong altcoin seasons (Altseason), as indicated by the yellow arrows on the chart.
🔹 Currently, BTC.D is approaching the upper limit of the triangle (resistance), which increases the likelihood of a downward reversal soon.
📉 In the case of a negative break below (60%), it could signal the beginning of a new altcoin season, especially with a target of revisiting the 44% levels.
🧠 Personal Opinion:
I have started accumulating investment positions in several altcoins in anticipation of a potential launch for the altcoin season, based on the historical behavior repetition of the market:
The price of Bitcoin has reached $123,000 to achieve a new all-time high!
We celebrate this significant achievement, but at the same time, we remind everyone of the importance of managing their portfolio rationally and avoiding random entries from the peaks.
Rumors will emerge in the coming hours from some scammers about the Ethereum falling to a price of 0.62 on the Bybit platform.
If traders had been able to place buy orders at dollar levels, they would have become billionaires by now.
Do not believe these rumors; what happened today happens often, and these are programming errors on the chart, not a price collapse as the scammers market to attract people. ETH$
At a time when everyone was telling you we are heading for a new peak and the market is about to take off, I was the only one warning you and telling you that the market is in very bad shape.
Thanks to God, we were able to identify the last peak of Bitcoin and exited the market at the peak. You must remain wise most of the time to make appropriate decisions.