Now that Bitcoin dominance has officially broken its uptrend and started a confirmed downtrend — as the previous higher low has been taken out — the key thing to watch next is the 55–56% range.
Once BTC dominance enters that zone, you may consider taking partial profits from altcoins if you'd like, as this area could trigger a bounce where dominance attempts a short-term recovery toward the upper resistance zone (around 61–62%).
After hitting that upper red zone, Bitcoin dominance is expected to start its real crash — a sharp decline likely lasting 1–2 months — bottoming somewhere between 40–45%. My conservative target is 40–42%, which is where I expect the actual altseason to begin.
So be patient, don’t rush, and approach the market carefully and strategically.
Once BTC dominance enters that zone, you may consider taking partial profits from altcoins if you'd like, as this area could trigger a bounce where dominance attempts a short-term recovery toward the upper resistance zone (around 61–62%).
After hitting that upper red zone, Bitcoin dominance is expected to start its real crash — a sharp decline likely lasting 1–2 months — bottoming somewhere between 40–45%. My conservative target is 40–42%, which is where I expect the actual altseason to begin.
So be patient, don’t rush, and approach the market carefully and strategically.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.