Bitcoin Dominance Hits Critical Level, Altseason 3.0 Looms
1min read The Bitcoin dominance has reached a critical level, indicating that the Altseason could be imminent. Historically, the second quarter has been the strongest for crypto markets, with Bitcoin prices rising more than 25% and Ethereum prices surging over 60%. Despite fears of economic shocks, the market has rebounded, and the current setup suggests that Altseason 3.0 could be extremely explosive, potentially triggering gains of 10x to 50x.
The Bitcoin dominance has been rising in a consolidated ascending trend, forming higher highs and lows. The volume has spiked to levels seen when BTC dominance dropped after reaching highs of 70% in 2021. This suggests that the levels have reached a crucial resistance, and if rejected here, the Altseason may begin. Conversely, if the levels break above, they may reach the next crucial resistance between 71.36% and 72.7%.
The altcoin charts have been displaying a pattern similar to that of the 2017-18 altseason. During that period, altcoins did not surge in the first quarter, much like this time. With no Quantitative Easing (QE) from the FED or China, altcoins are expected to have a prolonged rally from the second quarter, peaking somewhere in the first quarter of 2026.
The altcoin market capitalization chart from 2016, 2020, and 2024 shows a similar pattern of accumulation just before the 2017 and 2021 bull runs. If the levels undergo a similar rise, the altcoin market capitalization could reach as high as $5 trillion by the first or second quarter of 2026, marking the beginning of Altseason 3.0.
