The Bitcoin Dominance Rate (BTCD) is close to a new yearly low.
The Altcoin market cap is almost at an all-time high.
How long will this period of Altcoin dominance continue?
The Bitcoin Dominance has declined significantly since its cycle high in June and is close to a new yearly low.
Simultaneously, the altcoin market cap has nearly reached a new all-time high.
Combined, these two charts suggest that Altcoin season is underway and could continue the rest of 2025.
Let’s dive deep into the charts and see what lies ahead.
Bitcoin Dominance Crashes
The Bitcoin Dominance rate has declined by more than 6% since June, when it reached a cycle high of 66.05%.
BTCD’s decline came after an upward trend of more than 1,022 days, one of the longest in history.
During its upward trend, Bitcoin’s dominance completed a five-wave increase, which is now over.
Try Our Recommended Crypto Exchanges
Sponsored
Disclosure
We sometimes use affiliate links in our content, when clicking on those we might receive a commission at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy.
Despite the possibility of a bounce, there are no long-term bullish trend reversal signs, so Bitcoin’s dominance could continue falling, which would cause altcoin dominance to rise.
Altcoins Near All-Time High
The next chart supporting the altcoin season thesis is the market cap, which is making its third breakout attempt above the $1.60 trillion resistance area.
If the ALTCAP breaks out, it will likely continue increasing parabolically, entering price discovery.
The RSI and MACD are both rallying, suggesting a breakout is imminent.
While the ALTCAP chart is bullish, it is nothing compared to the small-cap altcoin analysis, which suggests a parabola is right around the corner.
After breaking out from a descending resistance trend line and then reclaiming the $280 billion horizontal resistance area, the chart shows no more resistance left.
The wave count shows an extremely bullish 1-2/1-2 wave structure, which predicts the rally will accelerate soon.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Valdrin Tahiri is a cryptocurrency analyst and reporter at CCN, specializing in technical analysis with a focus on Elliott Wave theory, on-chain metrics, and fundamental research. He brings over seven years of experience in the crypto space as both a trader and writer.
He discovered cryptocurrencies in 2017 while earning his MSc in Financial Markets at the Barcelona School of Economics, which sparked a deep interest in blockchain and market dynamics. Since then, he’s contributed to top crypto outlets like BeInCrypto and CoinGape.
Valdrin also served as Community Manager of BeInCrypto’s Telegram group for three years, helping grow it into one of the largest crypto communities worldwide. His expertise in market structure and price patterns allows him to break down complex trends into clear, actionable insights.
He’s published thousands of articles covering altcoins, Bitcoin cycles, and macro trends.
