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Bitcoin Dominance Surges Past 65%: Is a Bull Run Coming?

  • Bitcoin dominance surpassing 65% suggests increased investor confidence and potential for a Q4 2024 bull run.
  • Rising dominance often signals a shift from altcoins to Bitcoin, hinting at possible market movements in the near future.
  • Historically, similar dominance levels have led to significant price swings in Bitcoin, strengthening expectations of a continuous bull run.
  • Bitcoin's recent surge, resistance breakthroughs, and positive technical indicators support the optimism for price momentum in the short term.

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