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Bitcoinist

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Bitcoin Spread Oscillator Signals Growing Altcoin Momentum – Altseason Entry Signal?

  • Bitcoin is trading at critical levels as the entire crypto market enters a high-volatility phase fueled by renewed optimism and strong momentum.
  • Analysts are pointing to signs of an incoming altseason, with the Bitcoin Market Performance & Altcoin Spread value at 38%, nearing the 50% threshold historically indicating the start of an altseason.
  • As Bitcoin approaches its all-time high, market sentiment is divided between a potential breakout or a short-term correction, with altcoin momentum building up.
  • BTC is consolidating below its all-time high, with the $105K level acting as a critical resistance area, while maintaining a bullish structure supported by growing interest and rising participation.

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