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TronWeekly

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Bitcoin (BTC) Dominance Surges Is This the End for Altcoins: Report

  • Bitcoin dominance continues to rise, defying expert predictions and putting intense pressure on the altcoin market.
  • If BTC dominance hits 70-73%, altcoins like ETH, XRP, and SOL could suffer massive losses, dropping between 50% and 85%.
  • A bearish divergence on BTC’s weekly chart hints at a potential altseason, but uncertainty keeps investors on edge.
  • Bitcoin's increasing dominance is causing concern for the altcoin market, with expectations of significant losses if BTC dominance reaches 70-73%. However, a bearish divergence on BTC's weekly chart suggests the possibility of an altseason, though uncertainty remains.

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