BTC Dominance Update โ Reversal Incoming?
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Back in December 2024, I outlined a scenario where Bitcoin dominance would climb toward 64%, followed by a pullback into the 61โ60% zone before resuming its move higher.
๐ As of today, that retracement has materialized.
Dominance just dipped into a key support zone around 60.5โ61% โ and buyers have reacted sharply.
So, the question now becomes:
Is this the reversal we've been waiting for? Is BTC dominance about to reclaim 64%, or even push toward the elusive 73.6% level?
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๐งญ Current Technical Picture
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BTC dominance is bouncing from a high-probability demand zone (green area)
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This level aligns with prior consolidation from Q1 2025
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First upside target: 62.31%
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Key breakout zone: 64.83% โ break and hold here opens the path to 73.64% (historical imbalance)
๐ A large bullish leg toward 73% could completely suppress altcoin momentum in the short term โ delaying any potential โaltseasonโ further.
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๐ง My Strategy
Nothing changes in terms of approach:
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I remain cautious
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I wonโt blindly long or short anything without clear structure
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But this bounce setup is worth watching closely
If BTC dominance continues to hold this region and pushes past 62.3%, Iโll consider adjusting exposure away from altcoins and leaning heavier into BTC or stablecoin defensive positioning.
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๐ Summary
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BTC dominance has reacted from major support (~60.5โ61%)
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Technicals suggest a potential reversal is underway
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Watch for a break above 62.3% and eventually 64.8%
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If that happens, the long-awaited 73.6% gap could get filled
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Altcoins remain under pressure; caution is warranted
What do you think?
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Is this just a short-term bounce or the start of a big leg up in dominance?
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Do you see signs of an altseason brewing โ or fading?
Let me know in the comments ๐
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