Altcoin Season Incoming? BTC Dominance Drops
Posted: Tue May 13, 2025 6:24 am
When the Bitcoin dominance is seen to be getting weaker, many traders are now wondering: Is altcoin season finally back? The latest figures show that the Bitcoin Dominance Index (BTCD) has been slowing down and is present at about 54.3%. Although this is a sign of BTC still dominating, a decrease in dominance would often imply a change in the incoming capital flow to altcoins.
And, what is even more interesting is the formation of a bullish “Golden Cross” in the altcoin market. This technical indication, when the 50-day moving average crosses over the 200-day moving average, has traditionally come before a very bullish move on altcoins. Specifically, Ethereum and Solana have displayed some rejuvenated drive with ETH re-taking $3000 while SOL has overcome important resistance.
The market sentiment also appears to be better with increasing optimism regarding the possibility of the altcoins beating Bitcoin on the short to mid-term horizon. However, traders are still cautious, particularly with the macro uncertainty and the regulations that are also developing.
With cold charts expanding and technicals lining up, many traders are setting their portfolios for the possible altcoin breakout.
Question for Discussion:
Do you think the altcoin market is up for a real rally, and will bitcoin's dominance not hinder altcoin profits?
And, what is even more interesting is the formation of a bullish “Golden Cross” in the altcoin market. This technical indication, when the 50-day moving average crosses over the 200-day moving average, has traditionally come before a very bullish move on altcoins. Specifically, Ethereum and Solana have displayed some rejuvenated drive with ETH re-taking $3000 while SOL has overcome important resistance.
The market sentiment also appears to be better with increasing optimism regarding the possibility of the altcoins beating Bitcoin on the short to mid-term horizon. However, traders are still cautious, particularly with the macro uncertainty and the regulations that are also developing.
With cold charts expanding and technicals lining up, many traders are setting their portfolios for the possible altcoin breakout.
Question for Discussion:
Do you think the altcoin market is up for a real rally, and will bitcoin's dominance not hinder altcoin profits?