There are signs that Bitcoin Dominance (BTC.D) could be leaving a cyclical top, similar to what we saw in late 2020. When overlaid with the Global Liquidity Index (inverted and leading by 52 weeks), a potential correlation appears: previous peaks in liquidity were followed by turning points in BTC.D about a year later.
If this pattern repeats, a shift in market dynamics — possibly in favor of altcoins — could unfold over the coming year. However, this remains a hypothesis rather than a confirmed signal. The relationship between macro liquidity and crypto sector rotation is worth watching, but it’s not guaranteed to play out the same way again.
What’s your take: Altcoin Season loading or not yet?
If this pattern repeats, a shift in market dynamics — possibly in favor of altcoins — could unfold over the coming year. However, this remains a hypothesis rather than a confirmed signal. The relationship between macro liquidity and crypto sector rotation is worth watching, but it’s not guaranteed to play out the same way again.
What’s your take: Altcoin Season loading or not yet?
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.