Analysts have termed Bitcoin’s dominance as a fortress, seemingly impenetrable for the altcoins seeking to steal the limelight. The price of the crypto king pressed past $104,000, to gain 0.4% after falling 0.3%-0.4% for a while from that level – a level when buyers had parallelly awaited, wallets open.
The price surged, fighting its way back up towards $105,000. The Federal Reserve finally issued an interest rate decision that would weigh heavily on the market.
Bull Market Support Band Explained
If whispers from the market depths had to tell a tale, this would be the tale of the so-called Bull Market Support Zone, a sheltering refuge against the bearish dew. This zone is formed by the confluence of two mighty moving averages: the more steadfast 20-SMA, and the more ready-shoulder 21-EMA. Look at these lines: the next chapter for the bulls may well be written there.
Bitcoin Dominance treats this zone like a trampoline. All year, it has been the launchpad. Every dip in this area gets the price to bounce back higher with renewed force, defying gravity all the way.
Bitcoin’s Grip: Altseason on Hold?
Unless Bitcoin dominance cracks below its bull market support band, prepare for a prolonged altcoin winter. The charts don’t lie.
Luca (@CrypticTrades_) June 19, 2025
Historical Support Tests
That summer of ’24 saw Bitcoin relaxing its hold on the crypto market, moving southwards from 56% in June to 54% in July before hitting the support level. Then the king of crypto had another stumble-down…from 58% at the end of December ’24 to 56% in January ’25.
The support band stood steady-namely the line set in the sand. Dominance did, however, take a brief dip to 61% on the 14th, after soaring just a few days before, on May 7th, to a 65% zenith. The bulls, unwilling to relent, had clawed their way back up to 64% quite quickly, showing strong resilience.
Bitcoin Dominance: Holding on Strong! 🐂 As long as $BTC.D holds that Bull Market Support Band, $BTC is rather away from Distribution Danger. Full steam ahead? ✅ pic.twitter.com/GS8r9jNIpB
Luca (@CrypticTrades_) June 19, 2025
Analyst Warnings And Scenarios
But hold on, not everybody was singing from the same script. Bitcoinensus sees a potential for plot development: Bitcoin dominance may not merely decline, it may indeed plummet. Imagine a sudden cliff dive, unexpectedly clearing the stage for altcoins to finally seize the limelight.
Pence of Bitcoin remains extremely unstable. The dreaded double-top pattern is threatening to unfold if the Bitcoin is not able to break the resistance, triggering an unparalleled ascent of altcoins. But, in a contrary scenario, if it manages to clear new highs, then a rally of unprecedented proportions will be witnessed in Bitcoin, overshadowing altcoins.
Limitations Of Dominance Metric
Bitcoin dominance: This is not the coronation that it is made to look. Dominance is simply the share of cryptos that Bitcoin takes. The king can feel weak even without a competitor rising to the occasion. A stablecoin rally or a snazzy new token will, in essence, dilute the alleged power of Bitcoin, regardless of how the altcoins perform. On the converse, a spike in dominance is the perfect indicator of an altcoin bloodbath: the real strength of Bitcoin is disguised.
Moving averages are the steady partners, until the market turns treacherous. Like an old friendship tested by storms, those support lines based on historical, statistical outcomes might just give in when the storm of volatility rolls in. Do not let yourself be lulled into complacency; what saved your trade yesterday may just provide you with a broken shield today.
The Bull Bull Market Support Band: the main heartline of Bitcoin, a visual testament to investor faith endured through centuries. But to depend solely on this technical guide is behind a wall of blindness. Black swan events and disruptive blockchain technology disrupt even the most entrenched trendlines.
The Bull Market Support Band: the lifeline of Bitcoin, a visual manifestation of the faith-of-investor concocted through centuries. But just depending upon this aide to navigate through the waters will create a wall of blindness behind you. The black swan events or disruptive blockchain technology can rip apart the most entrenched trendlines.
The Bull Bull Market Support Band: the main heartline of Bitcoin, a visual testament to investor faith endured through centuries. But to depend solely on this technical guide is behind a wall of blindness. Black swan events and disruptive blockchain technology disrupt even the most entrenched trendlines.
For now, though, Bitcoin’s dominance looks safe unless something big shifts in the weeks ahead.
Featured image from Imagen, chart from TradingView
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