In response to an analyst on X, Bitcoin’s grip in the marketplace appears to be like too sturdy for altcoins to interrupt free any time quickly. Bitcoin’s price ticked as much as round $104,000 after climbing 0.4%. It had dipped briefly to $103,000 however patrons stepped in quick.
That push drove it again towards the $105K mark. On the similar time, the US Federal Reserve held rates of interest regular, protecting merchants on alert for any ripple results.
Bull Market Help Band Defined
Primarily based on studies, the Bull Market Help Band sits between two key transferring averages. One is a 20‑week easy transferring common. The opposite is a 21‑week exponential transferring common.
Collectively they kind a zone that Bitcoin Dominance has used as a springboard all yr. When dominance assessments that space, it often bounces increased as an alternative of dropping additional.
$BTC.D – So long as the Bitcoin Dominance continues to carry its Bull Market Help Band, there will probably be no altseason. pic.twitter.com/XCYDyuDxP2
— Luca (@CrypticTrades_) June 19, 2025
Historic Help Assessments
Bitcoin Dominance fell from about 56% in June 2024 to 54% in July of that yr however discovered assist. It additionally slipped from 58% all the way down to 56% between late December 2024 and January 2025.
Every time, the assist band held agency. Extra not too long ago, dominance dipped to 61% on Could 14 after peaking at 65% on Could 7, solely to get well to 64% in a matter of days.
$BTC.D – So long as the Bitcoin Dominance continues to carry its Bull Market Help Band, there are not any dangers of this being a distribution vary for $BTC.
pic.twitter.com/GS8r9jNIpB
— Luca (@CrypticTrades_) June 19, 2025
Analyst Warnings And Eventualities
Different specialists see a unique image. Bitcoinsensus warns dominance might “fall off a cliff” earlier than any altcoin season kicks off. That view suggests a sudden drop, possibly giving altcoins their second.
An analyst factors to a potential double‑high sample in dominance. If Bitcoin can’t clear resistance, cash may movement into altcoins. But when dominance breaks increased, some imagine Bitcoin might purpose for a contemporary file.
Limitations Of Dominance Metric
Dominance solely measures Bitcoin’s share of complete crypto market cap. It may slip if stablecoins flood in or if new tokens launch, even when altcoins aren’t rallying. And an increase in dominance can imply altcoins are promoting off.
Merchants ought to know that transferring‑common assist traces can fail in uneven markets. A sample that works for months can break when the local weather modifications.
In the long run, the Bull Market Help Band gives a transparent development line. It reveals that Bitcoin remains to be the favourite for a lot of traders. But counting on one technical instrument can miss larger strikes pushed by actual‑world information or contemporary blockchain information.
For now, although, Bitcoin’s dominance appears to be like protected—except one thing large shifts within the weeks forward.
Featured picture from Imagen, chart from TradingView