🚀 Crypto Market Alert: Potential Altcoin Season Ahead! 🚀
Bitcoin (BTC) has recently achieved a new all-time high (ATH), and the May 2025 monthly candle closure is less than a few hours away. This bullish momentum is noteworthy and could signal the onset of an altcoin season.
📉 Bitcoin Dominance (BTC.D) Trends:
A declining Bitcoin dominance often indicates a shift in investor interest from Bitcoin to altcoins. Currently, BTC.D is approaching critical levels. If it drops below the 62–63% range, it may confirm the beginning of an altcoin rally . However, if BTC.D rises above 65.13%, altcoins might experience significant declines.
📊 Market Implications:
• BTC.D below 63%: Potential confirmation of altcoin season.
• BTC.D between 64%–65.13%: Market remains uncertain; caution is advised.
• BTC.D above 65.13%: Altcoins could face substantial losses.
Current BTC.D: 63.4%
Stay informed and DYOR!