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TronWeekly

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Altseason Ready to Explode? Bitcoin Dominance Nears Key Breakdown

  • Bitcoin reached an all-time high of $109,000 after experiencing fluctuations in the current bull cycle.
  • Bitcoin dominance remains near its peak, with traders eagerly watching for a breakdown that could trigger Altseason, a period of significant altcoin gains.
  • Federal Reserve Chairman Jerome Powell's shift towards easing monetary policy adds to the bullish momentum in the crypto market.
  • Potential liquidity outflow from Bitcoin could result in some altcoins experiencing gains of 10x to 20x.

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