#Bitcoin Is Poised for a New Record – Altcoins Still Lag Behind

$BTC is now trading just 1.6% shy of reclaiming its all-time high, hovering around the $107,860 mark after an impressive run from April lows near $74,000. This momentum isn’t random—it’s a result of growing institutional interest, macroeconomic shifts, and consistent capital inflow into spot Bitcoin ETFs. The weekly chart shows a clear bullish trend structure with higher lows and expanding volume, signaling continued upward pressure.

One of the key drivers behind this current surge is the declining dollar strength index (DXY), which typically inversely correlates with BTC’s performance. At the same time, Bitcoin’s dominance in the market is now back above 54%, showing that large investors are shifting focus from riskier altcoins to the perceived safety and performance of BTC. As the halving supply effect starts to reflect in circulation, scarcity becomes more pronounced, further amplifying its upside potential.

While Bitcoin is flirting with a new all-time high, most altcoins remain stuck in a deep discount zone—down 55% to 75% from their historical peaks. This divergence in performance is common during early stages of bull markets. BTC typically leads the rally, absorbing most of the liquidity. Only once BTC stabilizes above key levels (like $110K and $115K) and profit-taking sets in, do we see a broader rotation into altcoins and meme tokens.

The bullish wave for altcoins and meme coins is expected to begin once BTC holds above $110K for several days, ideally forming a consolidation pattern or slight retracement. That’s usually when sidelined liquidity flows into high-volatility assets, triggering explosive gains. Until then, patience is key—Bitcoin is setting the pace, and once it cracks a confirmed new high, altcoin season will follow quickly behind.

Buy and Trade here on $BTC

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