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Bitcoin Dominance Decline Expected Next Month, Analyst Projects 'Altseason' To Peak By March 2025

Cryptocurrency analysts are forecasting a significant shift in market dynamics, suggesting Bitcoin‘s (CRYPTO: BTC) recent dominance could decline in favor of alternative cryptocurrencies by the end of this month.

What Happened: Leading cryptocurrency trader Milkybull predicts a “violent decline” in Bitcoin’s market dominance next month, projecting an “altseason” that could extend through March. “It’s going to get wild for the next few months,” Milkybull posted on X, formerly Twitter.

Bitcoin dominance violent declines begin next month.

This perfectly coincides with our previous projection that #ALTSEASON will begin late this month and end in March 2025.

It's going to get wild for the next few months. pic.twitter.com/j2qMKexeXU

— Mikybull 🐂Crypto (@MikybullCrypto) November 17, 2024

Technical analyst Ash Crypto ...

Full story available on Benzinga.com

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