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Altcoin Season In July? Here’s What Analysts Think

  • Analysts are predicting an 'altcoin season' in July with a projected 37% drop in Bitcoin dominance (BTC.D) from its current level above 65%.
  • Altcoin seasons historically occur when BTC.D decreases, signaling a rally for altcoins.
  • A confirmed drop in BTC.D to 42-45% is anticipated to be the ultimate signal for the beginning of an altcoin surge.
  • Factors such as Bitcoin dominance hitting a resistance level and Ethereum's performance relative to Bitcoin are being closely monitored to anticipate the potential altcoin season.

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