Bitcoinist
2025-06-24 11:30:07

Time To Forget Altcoin Season? Bitcoin Dominance At This Level Is This Only Hope

Hopes of an altcoin season have been dashed after the Bitcoin price crashed below $100,000, and altcoin prices fell rapidly in response. The altcoin declines have been even more prominent, with most altcoins now sitting more than 70% below their all-time high levels. During this time, the Bitcoin dominance has been rising rapidly, suggesting that all of the focus is still on Bitcoin right now. As the dominance rises, though, a crypto analyst has revealed what could trigger an altcoin season . The Catalyst For The Next Altcoin Season After the crash coming out of the weekend, the Bitcoin dominance shot up once again above the 66% mark to reach new 4-year highs. This showed that the altcoin season was nowhere close as prices fell across the board, and the altcoin market cap plummeted. Highlighting the rise in the Bitcoin dominance, crypto analyst Rekt Capital pointed out why this increase is important. Highlighting a previous post on X (formerly Twitter), the analyst explained that the rise in the Bitcoin dominance is actually important if there is to be an altcoin season. More importantly, the Bitcoin dominance would have to cross into the 70% territory before there is an end to the onslaught on the altcoin market . Pointing to historical performance, Rekt Capital mapped out the Bitcoin dominance being rejected at the 71% mark before the altcoin season can begin. The post read: “If history repeats, the real Altseason everybody is waiting for would begin once Bitcoin Dominance rejects from 71%” What Happens To Altcoins If BTC Dominance Goes To 71%? Given Rekt Capital’s call for the need for the Bitcoin dominance to rise to 71% before an altcoin season can begin , it has understandably raised questions around what this would mean for altcoins. As already seen, a continuous rise in the Bitcoin dominance would mean that the altcoin prices would continue to fall, and with prices already so low, it seems a lot of altcoins could crash completely. The crypto analyst addresses this in another X post, explaining that the Bitcoin dominance rising to 71% would not mean altcoins would go to zero. He points to a similar trend back in February 2025 when the Bitcoin dominance rose 6% in one month. Despite this, altcoin prices did hold up until a recovery began. Rekt Capital suggests that the market may react similarly to the way that it did back in February, pointing out that the road to 71% is less than what happened in February, at only 5.5%. Now, it’s just a waiting game to see how the market plays out in the next few weeks as hopes of an altcoin season continue to dwindle.

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