3 charts scream ‘It’s altcoin season’ as Bitcoin dominance hits 8-week lows

Bitcoin dominance charts moving downward may be a signal that the much-anticipated “altcoin season” is finally here, analysts said.

Key takeaways:

Altcoins’ cup-and-handle pattern projects a rise to $2.78 trillion market cap, hinting at an “altcoin season.”

Bitcoin dominance below key moving averages suggests altcoins may outperform in the near term.

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