📊⚠️ Bitcoin Dominance Rebounds – Bad News for Altcoins? 🧨💣
Today’s chart says it clearly: Bitcoin Dominance is bouncing off support at the edge of its ascending channel. This rebound zone around 64.58–64.64% has been critical — and the move up confirms it’s holding… for now.
❗ With Bitcoin itself facing heavy resistance, this dominance bounce is not good news for altcoins. In fact, it's a classic setup for capital rotating into BTC and out of alts — not the other way around.
📌 Chart Breakdown:
Biggest alt bull runs have started when BTC.D failed here — not when it rebounded
Breakout above 71.3% = serious risk of altcoin extinction
Breakdown below 62.3% = green light for altseason
🧠 As I’ve written on the chart: the END of alts comes not just from price — but from meme culture, utility decay, and market maker manipulation. That zone? 97% BTC.D. We’re not there, but we’re not heading toward freedom yet either.
🎥 Want to see how this fits into the full market picture? Watch the July 10th macro update: 👉 July 10th Market Outlook – Uncharted Waters, Uncertain Momentum
The market’s pressure is rising.
No good news from BTC.D today.
One Love,
The FXPROFESSOR 💙
Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! 🌟🤝📈
Today’s chart says it clearly: Bitcoin Dominance is bouncing off support at the edge of its ascending channel. This rebound zone around 64.58–64.64% has been critical — and the move up confirms it’s holding… for now.
❗ With Bitcoin itself facing heavy resistance, this dominance bounce is not good news for altcoins. In fact, it's a classic setup for capital rotating into BTC and out of alts — not the other way around.
📌 Chart Breakdown:
Biggest alt bull runs have started when BTC.D failed here — not when it rebounded
Breakout above 71.3% = serious risk of altcoin extinction
Breakdown below 62.3% = green light for altseason
🧠 As I’ve written on the chart: the END of alts comes not just from price — but from meme culture, utility decay, and market maker manipulation. That zone? 97% BTC.D. We’re not there, but we’re not heading toward freedom yet either.
🎥 Want to see how this fits into the full market picture? Watch the July 10th macro update: 👉 July 10th Market Outlook – Uncharted Waters, Uncertain Momentum
The market’s pressure is rising.
No good news from BTC.D today.
One Love,
The FXPROFESSOR 💙
Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! 🌟🤝📈
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🐾 TOP DOGS TEAM is LIVE! 🚀 Join the $6M KCGI 2025 battle — Signals, Charts & Coaching included.
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🔗 fxprofessor.com/top-dogs-team
📣 Telegram: t.me/fxprofessor88
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.