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Bitcoin's momentum has recently shown signs of cooling, presenting a superb opportunity for both analysis and speculation. Notably, we are witnessing a drop in Bitcoin dominance, which is often accompanied by the onset of an altcoin season. This shift could open the door for altcoins to rise considerably in value as Bitcoin's growth stalls temporarily around the $100,000 mark.
Furthermore, Bitcoin has established a new CME gap approaching the weekend, the largest gap to date at around $98,900. Historically, Bitcoin tends to hover around these CME gaps in the latter portion of the weekend, often returning to fill them subsequently. If Bitcoin follows its past behavior, it could trade around the $99,000 to $100,000 levels throughout the weekend.