In preserving with an analyst on X, Bitcoin’s grip on the market looks too solid for altcoins to damage away any time quickly. Bitcoin’s tag ticked as much as around $104,000 after ice climbing 0.4%. It had dipped in short to $103,000 but patrons stepped in like a flash.
That push drove it again in direction of the $105K tag. At the same time, the US Federal Reserve held hobby charges regular, preserving traders on alert for any ripple effects.
Bull Market Reinforce Band Explained
Basically primarily based totally on reports, the Bull Market Reinforce Band sits between two key shifting averages. One is a 20‑week straightforward shifting common. The assorted is a 21‑week exponential shifting common.
Together they create a zone that Bitcoin Dominance has historical as a springboard all year. When dominance tests that living, it always bounces higher reasonably than dropping extra.
$BTC.D – As prolonged because the Bitcoin Dominance continues to maintain its Bull Market Reinforce Band, there might per chance perchance be no altseason. pic.twitter.com/XCYDyuDxP2
— Luca (@CrypticTrades_) June 19, 2025
Ancient Reinforce Assessments
Bitcoin Dominance fell from about 56% in June 2024 to 54% in July of that year but came upon make stronger. It also slipped from 58% down to 56% between gradual December 2024 and January 2025.
Every time, the make stronger band held firm. More now not too prolonged ago, dominance dipped to 61% on Might 14 after peaking at 65% on Might 7, fully to rep successfully to 64% in a matter of days.
$BTC.D – As prolonged because the Bitcoin Dominance continues to maintain its Bull Market Reinforce Band, there usually are now not any dangers of this being a distribution vary for $BTC. ✅ pic.twitter.com/GS8r9jNIpB
— Luca (@CrypticTrades_) June 19, 2025
Analyst Warnings And Scenarios
Other consultants look an unprecedented image. Bitcoinsensus warns dominance also can “fall off a cliff” before any altcoin season kicks off. That watch suggests a surprising fall, per chance giving altcoins their 2nd.
An analyst aspects to a seemingly double‑high pattern in dominance. If Bitcoin can’t optimistic resistance, cash also can inch alongside with the walk into altcoins. But when dominance breaks higher, some agree with Bitcoin also can draw for a original file.
Barriers Of Dominance Metric
Dominance fully measures Bitcoin’s share of total crypto market cap. It might per chance perchance well drag if stablecoins flood in or if contemporary tokens launch, even when altcoins aren’t rallying. And a upward push in dominance can point out altcoins are promoting off.
Traders also can tranquil know that shifting‑common make stronger lines can fail in choppy markets. A pattern that works for months can damage when the native climate changes.
Within the extinguish, the Bull Market Reinforce Band gives an unprecedented kind line. It shows that Bitcoin is tranquil the well-liked for loads of traders. But relying on one technical machine can leave out bigger strikes pushed by accurate‑world news or original blockchain records.
For now, though, Bitcoin’s dominance looks acquire—unless something enormous shifts in the weeks forward.
Featured image from Imagen, chart from TradingView