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- A reputed analyst sets sights on altcoins.
- He expects a trigger event to arrive soon and lead to the fall of BTC Dominance.
- He advises patience as altseason peak has to arrive sometime within the next 7-8 months.
The price of Bitcoin (BTC) continues to stagger between the $80,000 and $81,000 price range. Analysts are torn between expecting a reversal or another greater dip. As the price of BTC continues to fluctuate, one analyst sets sights on Altcoins and BTC Dominance, is it finally time for altseason peak to arrive?
Analyst Sets Sights on Altcoins and Bitcoin Dominance
Now let’s talk about $Alts
The fact that $BTC.D is still hovering around the Cycle Top is really weird & surprising.
By now $BTC Dominance should have already been falling
I don’t know what can be the trigger but it will happen for sure. A cycle without an #Altseason can’t… pic.twitter.com/tb1eZ2Vhu6— CryptoBullet (@CryptoBullet1) March 10, 2025
While some expect signs of recovery to be market manipulation, others believe BTC is on its way to greater highs. Meanwhile, one analyst is keeping a close eye on Bitcoin Dominance. He says that at this point in the bull cycle, BTC Dominance should have already been falling. He stresses that while the trigger for its fall may be unknown, the fall is sure to come.
He Expects Altseason to Occur Within the Next 7-8 Months
In particular, he hopes to see this fall happen so altseason peak can finally arrive. He says that a cycle without an Altseason can’t be complete and another thing is that the cycle is running out of time. He really doubts that this bull cycle will extend into the next year 2026, although it is not impossible. If not, then there are only 7-8 months left to have an Altseason.
He concludes by saying that the market is very near close to see BTC Dominance collapse but a trigger even is crucial. Lastly, he advises not to panic and wait patiently and hold on to any crypto asset and not give in to sell pressure. As tough as it may be, the analyst says to keep a close eye on BTC Dominance and be patient.
