A major shift in the crypto cycle may be approaching as Bitcoin dominance (BTC.D) once again reaches critical long-term resistance.
According to analysis shared by Bitcoinsensus, the BTC.D index — which measures Bitcoin’s market share relative to the total crypto market — is testing the upper boundary of a multi-year rising wedge pattern.
The chart highlights a recurring pattern dating back to 2017. Each time BTC.D touched the upper resistance of this wedge, it triggered a sharp reversal — often followed by the start of an altseason. This cycle repeated in 2018, 2021, and 2023, and now appears to be setting up for another move lower in the second half of 2025.
If history rhymes, a breakdown from this wedge could set the stage for a broad altcoin rally — especially as Bitcoin’s dominance has surged to 63.94%, near previous local tops.
The rising wedge pattern indicates that BTC.D is making higher lows but facing rejection at a consistent diagonal resistance. These trendlines act like pressure zones. When dominance fails to break above resistance, capital often flows into altcoins, sparking increased volatility and rapid price appreciation across the sector.
A confirmed reversal could mark the beginning of the next altcoin supercycle, with assets like Ethereum, Solana, and other Layer 1s benefiting the most.
Bitcoinsensus notes that this setup “makes sense” for a full-blown altseason in the next few months, especially if dominance begins to roll over.
Bitcoin soared to a new all-time high above $119,000 on July 13, extending its bullish momentum on the back of institutional accumulation, shrinking exchange reserves, and technical breakout patterns.
As the crypto market enters a new phase of bullish momentum, altcoins are stealing the spotlight.
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