Bitcoin’s market dominance faces renewed resistance near the critical 73% level, a threshold it has failed to breach for the fourth time since 2019. Historical patterns indicate such rejections often herald growth periods for alternative cryptocurrencies.
Technical indicators reveal a bearish MACD crossover on Bitcoin dominance charts, suggesting dwindling momentum for the flagship cryptocurrency. This signal fuels speculation of impending ‘altseason’ conditions, potentially redirecting capital toward altcoins during 2025.
Key support levels for Bitcoin dominance now emerge at 60% and 50-52%, with a decisive break below these zones potentially accelerating altcoin market expansion. Should dominance continue declining, heightened activity is anticipated across decentralized finance (DeFi) protocols, AI-focused tokens, and Layer 1 blockchain ecosystems.
The bearish MACD crossover serves as a crucial technical indicator for traders, providing signals for market entry and exit timing amid shifting conditions. Observers note this pattern’s historical reliability in preceding major altcoin rallies.