Bearish BTC Dominance Signals Potential Altcoin Boom

A rare bearish crossover of the Bitcoin dominance MACD has sparked excitement among crypto traders, suggesting a potential shift towards altcoins. This pattern, which historically preceded major altcoin booms like those seen in 2017 and 2021, is garnering attention from analysts and investors alike. 2017 and 2021 saw significant gains for Ethereum, Cardano, and Solana, following similar signals of dominance shifts.