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Analyst Says Altcoins Will Pump Hard if Bitcoin Drops Below This Level

2025-07-10 11:04:58

Analyst Says Altcoins Will Pump Hard if Bitcoin Drops Below This Level

Main Idea

Analysts suggest that if Bitcoin's market dominance drops below 65%, altcoins could experience significant price increases due to a shift in market sentiment.

Key Points

1. Ash Crypto highlighted a bearish pattern in Bitcoin's dominance, stating a drop below 65% could lead to a strong altcoin rally.

2. Bitcoin's market cap dominance was at 65.08%, showing a slight decline of 0.18%, with a pattern of lower highs and horizontal support.

3. Isabella Moreira emphasized the 65% threshold as technically significant, predicting altcoins could gain momentum if Bitcoin dominance falls below it.

4. Reijer identified a 'descending triangle' pattern in Bitcoin's dominance, suggesting a likely downside breakout that would be bullish for altcoins.

5. A drop below 65% in Bitcoin dominance could signal increased volatility and potential outperformance of altcoins in terms of price gains.

Description

A recent tweet by crypto update platform Ash Crypto has highlighted the current technical state of Bitcoin’s dominance in the overall cryptocurrency market. In the tweet, Ash Crypto stated , “BITCOIN DOMINANCE IS FORMING BEARISH PATTERN AND IF IT DROPS BELOW 65% ALTCOINS WILL PUMP HARD.” This statement was accompanied by a technical chart indicating a visible descending triangle pattern, often interpreted by analysts as a bearish formation in market structure. The attached chart shows Bitcoin’s ...

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