Bitcoin Dominance 2021 Vs. 2025: Why Striking Similarities May Show If An Alt...
As expectations of an altcoin season mount, a new technical analysis of the Bitcoin Dominance (BTC.D) draws striking parallels between the 2021 and 2025 market cycles, aiming to determine whether altcoins are on the brink of another bull run. Historically, Bitcoin Dominance has been a key indicator in predicting the likelihood of an altcoin, as a decline in BTC.D often signals a shift in investors’ focus on alternative cryptocurrencies. Historical Bitcoin Dominance Signal Possible Altcoin Season Crypto analyst Luca on X (formerly Twitter) is questioning whether history is repeating....
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Bitcoin is now trading over $7,000 below its peak reached to start the year – a peak that is more than double its previous all-time high. And while believers in the cryptocurrency are certain this is just another pullback before more price discovery, the similarities between the 2017 top and now are undeniably striking. Here’s […]
Altcoins are showing signs of strength as the cryptocurrency market begins to recover from a significant correction in February. This rebound has pushed the total crypto market cap upward after bouncing off the $3 trillion mark on February 2. Related Reading: Bitcoin Dominance 2021 Vs. 2025: Why Striking Similarities May Show If An Altcoin Season Is Possible Notwithstanding, this correction saw the altcoin market cap dip massively after a rejection at $425 billion. However, a key observation from crypto analyst Rekt Capital noted that despite the rejection from this significant resistance....
XRP has been through a rollercoaster over the past few days, tumbling in a crash alongside the rest of the crypto market. The crash drove XRP’s price to a flash low of $1.64 before it recovered to $2.36, with volumes surging 164% above the 30-day average. This flash crash created a notable downside wick on XRP’s price chart, which, according to a technical analyst, is reminiscent of a 2017 price structure that suggests that the cryptocurrency is about to enter into a massive rally. XRP 2017 And 2025 Setup Shows Striking Similarities XRP’s recent flash crash has grabbed....
Bitcoin has finally crashed below $30,000 for the first time in a month after the digital asset had recovered above this point following the crash to the $28,000 range in the last month. Market volatility levels have continued to remain low while the digital asset price continues to suffer. Market sentiments seem to remain in the extreme fear range as investors hold off putting more money into digital assets. Bitcoin continues to show bearish tendencies as, despite best efforts, bulls have not been able to drag the coin out of its three-month-long decline. Breaking the critical $30,000....
Bitcoin’s dominance over the entire market has continued to increase steadily over the past few weeks, even as many Bitcoin and many other cryptocurrencies started the week on a negative note. According to data from CoinMarketCap, Bitcoin’s dominance is now at 60.4%, its highest level since the 2021 bull market. This increasing Bitcoin dominance has […]