Is Altcoin Season About to Start? Analyst Predicts Bitcoin Dominance Will Drop by 37%.
Bitcoin’s high dominance is hindering the altcoin season, as altcoins find it hard to recover if BTC remains dominant.
An analyst predicts a possible collapse in Bitcoin’s dominance, which could open up opportunities for altcoin growth.
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Bitcoin Dominance Rejection from Trendline is Key
Bitcoin’s dominance is approaching a resistance trendline formed since 2017, and according to analyst CoreCrypto, this could be a crucial turning point.
If this trend is broken, BTC dominance could decrease, opening up opportunities for altcoins to lead the market.
Ethereum is showing signs of strengthening against Bitcoin, which often signals an altcoin season.
If Bitcoin dominance (BTC.D) is rejected at the resistance level, this could mark the start of Altseason 2025, when capital may rotate from Bitcoin to altcoins as in previous cycles#BTC #bnb #ETH #sol
