Altseason Alert! Bitcoin Dominance Peaks – Time for Alts to Shine?
Big news, crypto fans! 📊 Bitcoin’s $BTC dominance (its share of the total crypto market) just hit a key resistance near 65% – a level that historically triggers altcoin seasons. Here’s why this matters:
✨ Why Now
- When Bitcoin dominance peaks, money often rotates into altcoins like Ethereum $ETH , Solana $SOL , and other gems 💎.
- Past cycles (2017, 2021) saw massive altcoin rallies after similar peaks – with some alts surging over 200x! .
🔥 Positive Signs for Alts:
1️⃣ Golden Cross Alert: Altcoin market cap just formed a "Golden Cross" (50-day MA > 200-day MA) – a signal last seen before 123x rallies.
2️⃣ Oversold Alts: Many altcoins are undervalued (RSI < 30), priming them for rebounds .
3️⃣ Stablecoins Ready: Billions in stablecoins wait on sidelines – fuel for the next altcoin boom .
🎯 What’s Next?
If Bitcoin dominance drops below 60%, experts predict an altseason explosion . This could mean huge opportunities for savvy traders!
💬 Stay tuned, stay ready! The crypto market cycles are turning – and altcoins might steal the spotlight next 🌟.