#BTCBreaksATH

🚀 Bitcoin Sets New ATH Near $113,800 While Dominance Falls — Is Altseason Starting?

📅 July 10, 2025: Bitcoin reached a new all-time high, peaking at $113,822 after surpassing $112,000 earlier this week.

However, despite this price rally, Bitcoin’s market dominance (BTC.D) dropped from 66% to around 64-65% — a signal that often precedes altcoin rotations.

📊 Altcoin market cap (TOTAL2) surged by over 10% since early July, crossing $1.2 trillion and growing faster than Bitcoin this month.

🧠 Analysts point to a key driver: Binance’s stablecoin reserves — USDT and USDC — have hit a record $31 billion, signaling huge capital waiting for altcoin opportunities.

📉 CryptoQuant’s Timo Oinonen describes this as “brewing liquidity” ready to flow into altcoins when the right conditions arise.

🧩 Analyst Master of Crypto notes that BTC doesn’t need to crash for altseason to happen. If Bitcoin trades sideways while its dominance drops, mid- and small-cap altcoins can outperform.

📉 Technical indicators show BTC.D nearing a critical resistance between 58% and 65% — historically a trigger for strong altcoin rallies. A rejection here could fuel a major rotation into altcoins.

Pattern watchers are also seeing a potential cup-and-handle breakout on TOTAL2, with possible targets near $1.55 trillion in Q3–Q4 2025.

🚧 Still, many investors remain cautious after past failed altseason calls. Analysts argue that skepticism is common in bull markets and often comes before wider optimism.

🔎 Final Thoughts:

Bitcoin’s fresh ATH near $113.8K is impressive, but its falling dominance and rising altcoin/stablecoin capital suggest the market could be gearing up for an altseason.

What do you think—has altseason officially started?