#altsesaon

📈$BTC Dominance Stifles Altcoin Season, Analyst Warns.

$BTC Dominance (BTC.D) is holding strong at 65.72%, with RSI readings above 70 on both weekly (70.58) and monthly (73.19) charts, signaling robust Bitcoin control over the crypto market. Analyst Tony Severino notes that this high dominance, supported by sustained RSI strength, is crushing altcoin breakout hopes. No altcoin season is expected until BTC.D and RSI drop below 70, allowing capital to flow into alts.

A potential Dragonfly Doji on the weekly BTC.D chart adds intrigue. While typically a bullish reversal signal, its appearance in an uptrend could mean either continued Bitcoin strength or a brief pause. A close above 65.65% may confirm further dominance.