#bitcoin 🔥Analyst Says Bitcoin RSI Dominance Needs To Crash To This Level For The Bull Run To Resume💯🚀👉$BTC

Bitcoin has maintained its dominance on the altcoin market even amidst the ongoing price corrections. The leading cryptocurrency has been in the spotlight throughout this market cycle, but a technical outlook suggests that it needs to give way.#BitcoinDunyamiz

Particularly, a crypto analyst known as Seth on social media platform X pointed to Bitcoin’s dominance relative strength index (RSI) as a crucial factor that must change before Bitcoin and the broader market can kick off another leg upward.#Bitcoinhaving

Seth’s latest analysis, shared on social media platform X, highlights a critical observation regarding Bitcoin’s market dominance. He noted that Bitcoin’s monthly dominance RSI recently surged to 70, a level that has never been reached before in Bitcoin’s history.

While this might seem like a bullish signal at first glance, the analyst suggests otherwise, warning that the dominance RSI must cool down for the final phase of the bull run to take place. This perspective comes as the crypto market experiences a downturn, leaving investors questioning when the next bullish wave will begin#BitcoinForecast

A decline in Bitcoin’s RSI dominance would mean that the market is shifting toward more balanced conditions, allowing capital to flow into altcoins and drive up their prices. Throughout past bull cycles, particularly in 2021, Bitcoin’s rise to a peak was often followed by a surge in altcoin investments, triggering widespread rallies across the market.#BitcoinETFs