The domination of Bitcoin can kill the dreams of Altsason, warns the analyst

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According to the analyst on X, Bitcoin adhesion on the market looks too forceful for altcoins to free themselves in the near future. Bitcoin price I surprised to around USD 104,000 after climbing 0.4%. It dropped to $ 103,000 briefly, but the buyers quickly entered.

This pushing led him to the $ 105,000 sign. At the same time, the US Federal Reserve maintained interest rates stable, keeping traders in the ambulance for all waves.

He explained that Bull Market Support Band

Based on reports, the Bull market support team is between two key mediums. One is a 20 -week -old moving average. The second is a 21 -week -old mobile average.

Together they form a zone that Domination of bitcoins It is used as a stepping stone throughout the year. When the dominance tests this area, it usually reflects higher instead of falling.

Historical support tests

The domination of Bitcoins fell from about 56% in June 2024 to 54% in July this year, but found support. It also fell from 58% to 56% between the end of December 2024 and January 2025.

Each time the support team was strenuous. Recently, the dominance dropped to 61% on May 14 after reaching the 65% summit on May 7, only to recover up to 64% in a few days.

Analytic warnings and scenarios

Other experts see a different picture. Bitcoinsensus Warns the domination can “fall off the cliff” before any Altcoin season begins. This view suggests a sudden decline, maybe giving altcoin their moment.

The analyst indicates a possible double pattern in domination. If Bitcoin cannot remove resistance, the money can be affected by altcoins. But if the domination falls higher, some believe that Bitcoin can strive for a modern record.


Domination record restrictions

Domination only measures the participation of Bitcoin in the complete capitalization of the market cryptography. May slip if Stablecouins Flood or if modern tokens appear, even when altcoins do not accumulate. And the boost in dominance may mean that altcoins are selling.

Traders should know that moving support lines can fail in uncertain markets. The pattern that works for months can crack when the climate changes.

Ultimately, the Bull market support team offers a clear trend line. It shows that Bitcoin is still a favorite for many investors. However, relying on one technical tool can skip larger movements driven by real or fresh blockchain data.

For now, however, the domination of Bitcoin looks sheltered – probably something substantial changes in the coming weeks.

A distinguished image from Imagen, chart from TradingView

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