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The post Altcoin Season Building Up, These Cryptos Are Leading Early appeared first on Coinpedia Fintech News
Bitcoinâs explosive rally to $111,970 has reignited hopes of a long-anticipated altseason. While the crypto king leads the charge, analysts warn the altcoin market is not quite ready to followâat least, not yet. The remainder of this bull cycle may hinge on one crucial signal: a breakdown in Bitcoin dominance, potentially triggering a powerful rotation into altcoins.
According to crypto analyst Kyledoops from Crypto Banter, Bitcoinâs current market cycle is around 75â80% complete, with the final 20% likely to bring explosive upside. On a recent podcast, he projected a strong Wave 3 move could send Bitcoin to $125Kâ$130K by September, backed by bullish indicators including Market Cipher B, rising money flow, and green dots on the weekly chart.
With the S&P 500 and other major equities hitting all-time highs, Bitcoin appears poised to follow the upward momentum. However, for altcoins to truly rally, a breakdown in Bitcoin dominanceâcurrently nearing the apex of a rising wedge between 66%â69%, is necessary. A rejection at these levels, analysts believe, could finally mark the beginning of a genuine altseason.
Although broad altcoin strength is still pending, select tokens are starting to show bullish setups:
Kyledoops emphasizes that most altcoins are still in accumulation, and a full-scale rally is unlikely until Bitcoin dominance breaks down and the SPX500 confirms continued momentum. While the market setup for altseason is gradually forming, analysts caution that timing is everything. The next few months could offer golden opportunitiesâbut only for those who stay patient and watch the key indicators closely.
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