Bitcoin Dominance Forms Dead Cross, Signaling Altcoin Surge Ahead

By: cryptosheadlines|2025/05/11 10:15:04
0
Share
copy
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Dead cross on BTC Dominance chart signals a potential peak in Bitcoin’s market share.Ethereum and Solana outperform as capital rotation into altcoins gains momentum.Analysts expect further drop in BTC.D, suggesting altcoin season may be underway.A rare signal has emerged on the Bitcoin Dominance ($BTC.D) chart, a “dead cross” indicating a possible peak in Bitcoin’s market share. This development is seen by analysts as a major turning point in the crypto market. If confirmed, it could mark the beginning of a strong altcoin season. The lower trend line on the BTC.D chart may now act as the final destination for this downward move.Bitcoin Dominance Drops as Experts Signal ReversalAccording to a post by Crypto Elites via X, Bitcoin dominance has “officially peaked,” suggesting the shift toward altcoins is now underway. This view aligns with analysis prepared by Raoul Pal, who noted that DeMark top signals have appeared on daily, weekly, and monthly Bitcoin Dominance charts. Source :Crypto Elites(X)He stated this may usher in the “Banana Zone,” a period historically associated with increased altcoin performance. Rekt Capital pointed out that BTC.D is retesting 64% as support. Source :Rekt Capital(X)Past patterns indicate such levels often lead to capital rotation into altcoins. Supporting this view, analyst Egrag Crypto stated the current chart setup shows a potential “massive drop” in dominance, with the expectation that altcoins will begin to outperform.Altcoin Momentum Builds as Ethereum and Solana LeadEthereum and Solana have begun to outpace Bitcoin in recent trading sessions. According to CoinMarketCap, ETH rose 6.2% to $3,250.45 and SOL increased 8.7% to $162.30 as of May 9, 2025. The dead cross of the $BTC.D sub-indicator has appeared.It is possible that the peak of $BTC.D has been reached. This means that the alt season has begun.If the alt season starts now, the end is the lower line of the trend line. pic.twitter.com/em5fFfZDm2— CW (@CW8900) May 10, 2025These gains reflect growing investor interest in large-cap altcoins as Bitcoin consolidates. The ETH/BTC trading pair on Binance reached 0.0385, supported by $320 million in volume, while Solana also posted positive movement against BTC. According to an analysis prepared by Rekt Capital, Ethereum’s dominance has risen more than 2% recently. With the dead cross on BTC.D now confirmed, this trend may accelerate, and the lower trend line could become the next key level to watch for Bitcoin dominance.Source link

-- Price

--

You may also like

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com