Bitcoin’s dominance is sitting at a crucial 65% level, and the market is at a crossroads. This zone has been a major battleground before—will history repeat itself?
If BTC.D holds and breaks higher, we could see a return to Bitcoin’s dominance, pushing toward 70% or more. That would mean alts bleeding against BTC, and traders might want to focus on BTC pairs or even short weaker altcoins.
But if this level rejects and dominance drops back under 63%, it could be the signal for an altcoin rally. Money could quickly rotate into ETH, SOL, and high-beta plays, especially if BTC consolidates.
The key triggers? Watch ETF flows, macro sentiment, and volume. A clean breakout or breakdown will set the tone.
If BTC.D holds and breaks higher, we could see a return to Bitcoin’s dominance, pushing toward 70% or more. That would mean alts bleeding against BTC, and traders might want to focus on BTC pairs or even short weaker altcoins.
But if this level rejects and dominance drops back under 63%, it could be the signal for an altcoin rally. Money could quickly rotate into ETH, SOL, and high-beta plays, especially if BTC consolidates.
The key triggers? Watch ETF flows, macro sentiment, and volume. A clean breakout or breakdown will set the tone.
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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.