Bitcoin News Today: Bitcoin Dominance Approaches 64% Resistance as Altcoin Rally Looms

Bitcoin’s market dominance is approaching a critical resistance level near 64%, a threshold that has historically signaled a potential shift in investor sentiment from Bitcoin to altcoins. This resistance, marked by analysts since December 2020, has repeatedly stalled Bitcoin’s dominance since mid-2024, raising speculation about an impending altcoin rally [1]. The metric, which measures Bitcoin’s share of the total crypto market capitalization, has fluctuated around this range despite an earlier 23-percentage-point increase earlier this year. Sustained failure to break above 64% could reverse the yearlong trend of Bitcoin outperforming its peers and trigger a broad-based reallocation of capital into smaller cryptocurrencies [4].

Technical indicators are amplifying this narrative. A three-week bearish MACD crossover—the first since January 2020—has emerged, historically linked to 105-day altcoin-driven rallies [2]. Concurrently, the TOTAL2 and TOTAL3 altcoin indices have formed golden crosses, bullish signals often preceding extended momentum [3]. These developments suggest a multi-month altcoin season may already be unfolding, with traders anticipating heightened volatility across the sector through October. Ethereum, for instance, has surged past $3,200, outpacing Bitcoin and Solana in recent performance, while tokens like Optimism (OP) and Celestia (TIA) show mixed but notable movements [5].

The Bitcoin Fear and Greed Index currently stands at 31, reflecting a risk-averse market sentiment that typically reinforces Bitcoin’s dominance. However, historical patterns indicate altcoin allocations often rise when the index shifts toward greed. This inverse relationship could amplify gains for smaller cryptocurrencies if Bitcoin’s dominance continues to wane [6]. Analysts note that sustained rejection at the 64% resistance level would likely trigger a broad-based altcoin rally, as investors seek higher-risk opportunities amid Bitcoin’s stagnation [4].

Market participants are closely monitoring Bitcoin’s ability to defend key support levels, particularly around $115,000. A breakdown below this threshold could trigger a market-wide correction, dampening altcoin gains, while a successful defense might stabilize the market and allow smaller cryptocurrencies to continue their upward trajectory [7]. The outcome remains pivotal for investor strategies and sector allocations as the crypto market navigates this critical juncture.

Sources:

[1] [Bitcoin Dominance Faces Key Resistance as Altcoin Season Looms] (https://cryptofrontnews.com/bitcoin-dominance-faces-key-resistance-as-altcoin-season-looms/)

[2] [Bearish Technical Signal Emerges] (https://cryptofrontnews.com/bitcoin-dominance-faces-key-resistance-as-altcoin-season-looms/)

[3] [Altcoin Market Eyes Breakout] (https://cryptofrontnews.com/bitcoin-dominance-faces-key-resistance-as-altcoin-season-looms/)

[4] [Altcoin Season Nears as Bitcoin Dominance Slips] (https://cryptodnes.bg/en/news/altcoins/)

[5] [Ethereum outpaces Bitcoin and Solana, surges above $3,200] (http://www.msn.com/en-in/money/markets/ethereum-outpaces-bitcoin-and-solana-surges-above-3200-trader-predicts-a-shocking-30000-top/ar-AA1IJ37Y?apiversion=v2&batchservertelemetry=1&domshim=1&noservercache=1&noservertelemetry=1&renderwebcomponents=1&wcseo=1)

[6] [Doge Fear and Greed Index | Multiple Timeframes] (https://cfgi.io/doge-fear-greed-index/)

[7] [Bitcoin is at risk of losing the $115,000 support] (https://www.xt.com/en/blog/community-news/2025-07-25T19:18:26.000Z)