Bitcoin

Bitcoin Dominance Just Got Rejected From TSDT Resistance That Triggered Last Altcoin Season — Details

Bitcoin Dominance (BTC.D) has hit a essential turning level after getting sharply rejected from a TSDT resistance stage that beforehand marked the start of a massive altcoin season. Because the market reacts to this technical sign, analysts are carefully looking ahead to indicators {that a} new altcoin season may very well be underway—one that would doubtlessly mirror the explosive shift seen in 2021. 

Bitcoin Dominance Chart Alerts Repeat Of 2021 Altcoin Season

A brand new crypto evaluation by market professional Tony Severino, posted on X social media on July 15, reveals that Bitcoin Dominance has as soon as once more confronted a pointy rejection from the essential TSDT resistance space close to 65%. This stage represents a technical ceiling that beforehand triggered an entire rotation of capital from BTC to various cryptocurrencies, fueling the well-known altcoin season in early 2021. 

Associated Studying

The analyst’s month-to-month chart reveals Bitcoin Dominance steadily climbing from mid-2022, peaking at round 65% in July 2025 earlier than being rejected. This conduct mirrors the value motion noticed in late 2020 to early 2021, when BTC.D additionally reached this zone, obtained rejected, after which plunged—triggering a full-blown altcoin rally

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Supply: Tony Severino on X

At the moment, Severino’s chart reveals that Bitcoin Dominance sits at roughly 64.07%, slightly below the TDST resistance at 63.83%, with a notable candle forming after a powerful uptrend. The analyst has indicated that if historical past repeats itself on this present cycle, it could end in an identical capital influx into altcoins, probably igniting the next altseason

Moreover, the chart outlines key technical thresholds, together with the TDST resistance, a TDST danger round 57.11%, and TDST help down at 40.08%. A decline towards these decrease ranges would point out a vital drop in BTC dominance and additional reinforce a pro-altcoin surroundings. 

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Altcoin Supercycle Incoming

Crypto analyst Merlijn The Dealer has additionally shared perception on the opportunity of an explosive altcoin season this bull cycle. The analyst stated on X {that a} historic sample between the US Greenback Index (DXY) and Bitcoin Dominance seems to be repeating, signaling the start of a brand new altcoin supercycle. 

Associated Studying

In accordance with his chart, three main DXY bull traps have been recognized since 2016, every adopted by a dramatic decline in BTC.D and a powerful rally within the altcoin market. The primary two DXY bull traps, which occurred round 2017 and 2020, each triggered vital breakdowns in BTC.D—plunging from over 90% to round 35% in 2018, and once more in 2021. These breakdowns marked the beginning of highly effective runs, now acknowledged by the analyst as altcoin supercycles. 

The present market construction now means that the following leg decrease may very well be imminent, with BTC.D starting to pattern downward once more. If historical past repeats itself, this setup implies a weakening dollar, declining Bitcoin Dominance, and the potential for altcoins to outperform significantly within the coming months.

Bitcoin
BTC buying and selling at $119,000 on the 1D chart | Supply: BTCUSDT on Tradingview.com

Featured picture from Pixabay, chart from Tradingview.com

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