Altseason, a period when altcoins outperform Bitcoin, might be just around the corner. Here are some key updates:
- Predicted Start Date: Some analysts predict altseason to start around June 9, 2025, with the expectation that it will be "short and sweet".
- Market Indicators: A recent analysis suggests that altcoins are breaking free from Bitcoin's shadow, with some digital assets charting their own path. This decoupling from Bitcoin's price trajectory could spark an altseason.
- Technical Analysis: Crypto analyst Mags predicts an altseason based on past cycle trends involving RSI and MACD confluence.
- Bitcoin Dominance: Altseason often occurs when Bitcoin's dominance drops below 50%. Currently, Bitcoin's dominance is around 45-60%, which could indicate a potential shift to altcoins.
- Potential Impact: If altseason starts, we can expect ¹ ² ³:
- Altcoin Price Surge: Significant price increases for altcoins with strong fundamentals and community support.
- High Volatility: Opportunities for substantial gains, but also higher risks.
- Rotating Capital: Investors may shift funds from Bitcoin to altcoins, driving prices up.
Keep in mind that the crypto market is highly unpredictable, and timing altseason is challenging. Some analysts believe that altcoins with strong fundamentals will surge by the end of 2025, while others predict a more selective growth ⁴ ⁵.