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

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.