In response to an analyst on X, Bitcoin’s grip in the marketplace seems to be too robust for altcoins to interrupt free any time quickly. Bitcoin’s price ticked as much as round $104,000 after climbing 0.4%. It had dipped briefly to $103,000 however consumers stepped in quick.
That push drove it again towards the $105K mark. On the identical time, the US Federal Reserve held rates of interest regular, maintaining merchants on alert for any ripple results.
Bull Market Help Band Defined
Based mostly on experiences, the Bull Market Help Band sits between two key transferring averages. One is a 20‑week easy transferring common. The opposite is a 21‑week exponential transferring common.
Collectively they type a zone that Bitcoin Dominance has used as a springboard all 12 months. When dominance checks that space, it normally bounces larger as a substitute of dropping additional.
$BTC.D – So long as the Bitcoin Dominance continues to carry its Bull Market Help Band, there will probably be no altseason. pic.twitter.com/XCYDyuDxP2
— Luca (@CrypticTrades_) June 19, 2025
Historic Help Exams
Bitcoin Dominance fell from about 56% in June 2024 to 54% in July of that 12 months however discovered help. It additionally slipped from 58% all the way down to 56% between late December 2024 and January 2025.
Every time, the help band held agency. Extra lately, dominance dipped to 61% on Could 14 after peaking at 65% on Could 7, solely to recuperate to 64% in a matter of days.
$BTC.D – So long as the Bitcoin Dominance continues to carry its Bull Market Help Band, there are not any dangers of this being a distribution vary for $BTC.
pic.twitter.com/GS8r9jNIpB
— Luca (@CrypticTrades_) June 19, 2025
Analyst Warnings And Situations
Different consultants see a special image. Bitcoinsensus warns dominance may “fall off a cliff” earlier than any altcoin season kicks off. That view suggests a sudden drop, perhaps giving altcoins their second.
An analyst factors to a doable double‑prime sample in dominance. If Bitcoin can’t clear resistance, cash would possibly movement into altcoins. But when dominance breaks larger, some imagine Bitcoin may intention for a recent file.
Limitations Of Dominance Metric
Dominance solely measures Bitcoin’s share of whole crypto market cap. It could slip if stablecoins flood in or if new tokens launch, even when altcoins aren’t rallying. And an increase in dominance can imply altcoins are promoting off.
Merchants ought to know that transferring‑common help strains can fail in uneven markets. A sample that works for months can break when the local weather adjustments.
Ultimately, the Bull Market Help Band presents a transparent pattern line. It reveals that Bitcoin continues to be the favourite for a lot of traders. But counting on one technical device can miss greater strikes pushed by actual‑world information or recent blockchain knowledge.
For now, although, Bitcoin’s dominance seems to be secure—except one thing massive shifts within the weeks forward.
Featured picture from Imagen, chart from TradingView
