Altseason on the horizon, say most bullish analysts.
Altcoins on the verge of a bullish breakout.
Analysts are now keeping watch on Bitcoin Dominance.
The price of Bitcoin (BTC) has pumped beyond the $100,000 price target, meaning that the pioneer crypto asset is back in its 6-digit price range, thereby igniting bullish sentiment for the crypto market. This has led many analysts to believe that altseason is on the horizon and that altcoins are on the verge of a bullish breakout soon. With a close eye on Bitcoin Dominance, the crypto market heats up.
Altseason on the Horizon, Will Bitcoin Dominance Fall
Since Bitcoin went into its prolonged correction phase in Q1 2025, analysts have been eagerly waiting for the crypto market to recover and rally. This time has finally come in Q2 of 2025, where Bitcoin took the month of April to pump back up to the $90,000 price level from a brutal dip to the mid-$70,000 price range. Now, analysts are pleased to see Bitcoin (BTC) price back up over the $100,000.
Yesterday, the Bitcoin Dominance score was the strongest it has ever been over the last four years at a score of 65%. Soon after, the score went down by just 1% as the price of Bitcoin (BTC) soared to $99,000 and broke past it to reclaim 6-digit prices. Just as some analysts predicted, the price of Bitcoin is now bouncing between $100,000 and $103,000 with sights set on hitting new BTC ATHs soon.
As we can see from the post above, this reputed analyst known for his many accurate predictions coz on to celebrate the recent BTC price pump. He highlights how the crypto market is slowly moving into a euphoric state and then goes ont o highlight how just a 1% fall in Bitcoin Dominance led to a massive price pump for BTC and pushed the majority of altcoins into a strong recovery and set them onto a bullish upward trajectory.
Since Bitcoin retook the $100,000 price range, the price of the pioneer altcoin asset Ethereum (ETH), also pumped with vigour, and finally broke past the $2,000 price barrier. The post above clearly states how the analyst says that the euphoria after just a 1% fall is infectious. He also goes on to state the bullish possibilities for altcoin and the crypto market when Bitcoin Dominance falls to 50%. Indeed, expectations for altcoins to hit new ATH prices are starting to soar once again.
Another analyst goes on to add weight to the bullish expectations, as we can see in the post above. To highlight, this analyst marks a bullish pattern much like others who have marked a triple bottom formation on the altcoin price chart. This indicates a monumental upward movement for altcoins in the coming days. In conclusion, the analyst states that a massive altcoin season peak is on the way. Read MoreAltcoin News, News, NewsNow, Altcoin, Altseason, Bitcoin, Bitcoin Dominance, BTC, Bullish, Crypto market, cryptocurrency
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