TLDR
- Bitcoin dominance broke key support at 64.8% from a rising wedge pattern, signaling potential altcoin season
- RSI patterns show fourth bounce off multi-year trendline, matching historical altcoin rally triggers from 2015, 2019, and 2023
- Analysts target 150x to 175x returns for low-cap altcoins as market setup mirrors past explosive runs
- Bitcoin appears overbought with RSI showing bearish divergence, potentially redirecting capital to altcoins
- Total altcoin market cap consolidating near historical support while Bitcoin stalls around $118K
Bitcoin dominance broke below key support at 64.8% this month, ending an uptrend that began in November 2024. The breakdown from a rising wedge pattern has analysts watching for signs of the third major altcoin season.
When Bitcoin dominance falls, capital typically flows into smaller, more volatile tokens. This shift increases altcoin trading volume and can lead to price expansion across the broader cryptocurrency market.
The RSI on Bitcoin’s dominance chart has crossed down, adding bearish momentum to the breakdown. Technical patterns show altcoin rallies often begin when Bitcoin stagnates and loses market share.
Crypto analyst Gordon identified a fourth RSI bounce off the same multi-year uptrend line that triggered major altcoin rallies in the past. Previous bounces occurred in November 2015, September 2019, and June 2023.
November 2015.
September 2019.
June 2023.
And now June 2025.Every one of those marked the bottom for alts.
And the beginning of generational rotations.5x. 10x. 50x.
Every. Single. Time.The same signal just triggered again.
The poor will call it luck.
The rich know it’s… pic.twitter.com/w1yg6vzBrZ
— Gordon (@AltcoinGordon) July 11, 2025
RSI Patterns Point to Historical Repetition
Each time the RSI touched the long-term rising line, strong altcoin rallies followed. The current RSI value near 36 matches historical pivot points before major upswings.
The total altcoin market cap has started consolidating near historical support ranges. This consolidation has held despite Bitcoin’s recent volatility around the $118K level.
If RSI continues climbing from current levels, it could confirm a new upward phase for altcoins. Market analysts note the setup closely matches past altcoin cycle bottoms.
Historical data shows altcoin seasons often deliver 5x to 50x returns during multi-month rallies. Analyst Discover highlighted previous cycles where $212 grew to over $200,000 by timing Bitcoin dominance peaks.
Overbought Bitcoin Creates Altcoin Opportunity
The overlay data shared by Discover showed altcoin surges of 120x and 150x after Bitcoin dominance peaked in previous cycles. Some analysts forecast potential 175x returns for low-cap assets in 2025.
Analyst Javon Marks confirmed Bitcoin dominance has entered extremely overbought territory. His chart analysis showed similar RSI overbought levels in 2015 and 2019, both followed by major altcoin expansions.
$BTC.D (Bitcoin Dominance) is holding is extremely overbought areas and this could be great for alts!
When this happened in 2015 and 2019, huge Alt-Seasons kicked off after so it may only be right to prepare for yet another.
Are you ready for these altcoins to DOMINATE ❓ pic.twitter.com/bNNYWOH6rZ
— JAVON⚡️MARKS (@JavonTM1) July 11, 2025
The RSI chart displays bearish divergence, indicating momentum is decreasing despite price increases. This pattern emerged before sharp drops in Bitcoin dominance during previous cycles.
New money entering crypto through ETFs and stablecoin ramps may seek asymmetric returns. Altcoins often provide those opportunities during peak market rotations when Bitcoin dominance declines.
Growing trends in high-beta narratives, DePIN, AI, and modular L1s could amplify altcoin momentum. The market structure from June 2025 closely matches past altcoin cycle bottoms that preceded explosive runs.
Bitcoin continues hovering around the $123K threshold following its recent all-time high breakthrough.
