Bitcoin Dominance in a Clear Downtrend, Paving the Way for a Strong Altseason Peak Phase

Bitcoin Dominance in a clear downtrend

BTC’s fall will pave the way for altseason to enter its peak phase.

New bullish ATHs incoming for altcoins in the crypto market soon.

The crypto market is seeing a steady rise in Bitcoin and Ethereum prices this week, as the final days of Q3 come to an end. Presently, both BTC and ETH are showing strong signs of a rally, leading analysts to believe that the price of BTC could go on to hit one more new ATH target before allowing altcoins to dominate. With Bitcoin Dominance in a clear downtrend, the path for a strong altseason peak phase to occur grows closer

Bitcoin Dominance in a Clear Downtrend

According to CoinMarketCap analytics, Bitcoin Dominance is currently sitting at 58% while Ethereum Dominance is at almost 13% and altcoins are at almost 30%. This is one of the greatest signs for analysts to expect an explosive altseason phase in the coming days ahead. In fact, most analysts are convinced that Q4 of 2025 is when this cycle’s long-awaited altseason peak phase will arrive

Presently, both Bitcoin (BTC) and Ethereum (ETH) are showing strong signs of bullish action on their respective price charts. At the moment, both assets are pumping in what looks to be a steady recovery pump after a short correction following new ATH prices set in August. As soon as both BTC and ETH set new ATH prices, both assets fell in price and entered a steady correction state

Now, analysts believe that this correction is coming to an end, and both assets are moving towards a steady recovery state. Presently, analysts believe that Bitcoin has the possibility of hitting one last new ATH record at the $140,000 price level before it gives up dominance to Ethereum and other popular altcoins, finally giving altcoins the chance to hit exponentially high new ATH prices this bull cycle

As we can see from the post above, Bitcoin Dominance is still in a very clear downtrend, and based on the image accompanying the post, the price of BTC will likely start to decline at a rapid pace, giving altcoins the opportunity to hit new ATH prices in the coming weeks and months ahead. Already, a few altcoins have hit new ATHs of their own and will likely go on to hit greater ATH prices in the days ahead

Path for a Strong Altseason Peak Phase Clears

As we can see from the post above, another bullish signal comes from the altcoin price chart. The image in the post above shows how altcoins broke out after having retested the previous cycle highs, and are currently in a bounce state. The completed huge cup and handle formation also bodes well for the future of altcoin, and the analysts conclude by saying that altcoins are showing very promising days ahead