The cryptocurrency market could be on the cusp of another mini altseason, according to the latest technical signals from the Bitcoin Dominance chart.
After holding firm for nearly five months, a key support line has finally broken down — potentially indicating a shift in market dynamics.
What Does This Mean?
The Bitcoin Dominance (BTC.D) chart reflects Bitcoin’s market share relative to the entire cryptocurrency market. A decline in dominance typically suggests that altcoins — cryptocurrencies other than BTC — are outperforming, as traders rotate capital out of Bitcoin and into other assets.
According to Bitcoinsensus, the recent breakdown marks the first major breach of this support level in several months. This development may indicate that capital is starting to flow from Bitcoin into altcoins, with the psychological 60% dominance level now in sight.
Historical Precedent
This pattern is not without precedent. A similar setup occurred in November and December 2024, when a breakdown in Bitcoin dominance triggered a surge in altcoin performance. The market witnessed a short but strong altseason, with many altcoins posting significant gains during that period.
The current chart pattern mirrors that historical movement. If history repeats itself, the recent breakdown could herald another strong push for altcoins over the coming weeks.
What to Watch
Key areas to monitor include:
- The psychological 60% dominance level, which may act as a magnet or support for the next move.
- Altcoin volume and price strength in response to Bitcoin’s relative weakness.
- Continuation of the downward trend in Bitcoin dominance.
While no one can predict market movements with certainty, these signals offer a compelling case for a short-term shift in momentum away from Bitcoin and into the altcoin sector.
Investors and traders should stay alert — another mini altseason may already be underway.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/are-we-entering-another-mini-altseason/