🚨 Bitcoin Dominance Surges Past 63% — What’s Next for Altcoins?
📊 Date: April 6, 2025
🕒 Timeframe: 15-Minute Chart
🔍 Source: TradingView | BTC.D
📈 BTC Dominance has just surged above the 63% mark, showing a sharp and sustained uptrend on the short-term chart. This signals a strong capital inflow into Bitcoin, possibly draining liquidity from the altcoin space — and it’s something every trader should keep a close eye on.
🔹 MACD Indicator:
Momentum spiked earlier in the session with a strong bullish crossover, followed by decreasing histogram bars, hinting at a cool-off phase after intense buying pressure.
🔹 RSI (Relative Strength Index):
The RSI touched overbought territory above 70 before pulling back and now sits around 55–56, suggesting some consolidation or sideways movement could be on the way.
💡 What This Means:
A rising BTC Dominance generally indicates that traders are rotating into Bitcoin and reducing exposure to altcoins.
This trend often precedes altcoin weakness, especially when dominance climbs fast like we see now.
Traders should stay cautious with altcoin positions unless dominance starts to reverse.
📌 Key Takeaway:
Bitcoin continues to attract dominance in market share, and unless there's a reversal signal, altcoin rallies might remain limited in the short term.
🔚 Stay alert. Stay ahead. Stay with CryptoPulsee.
#bitcoindominance #altcoinseason #CryptoTrends
#BTCanalysis #MarketShift