• Bitcoin hit a new all-time high of $109,000 after multiple fluctuations in this bull cycle.
• BTC dominance remains near its peak, with traders watching for a breakdown that could trigger Altseason.
• Powell’s shift toward easing monetary policy adds bullish momentum to the crypto market.
• Some altcoins could see 10x to 20x gains if liquidity flows out of Bitcoin.

Bitcoin has shown strong performance in this bull cycle, experiencing multiple fluctuations before reaching an all-time high of $109,000. While several altcoins surged alongside Bitcoin, the broader market has yet to witness a full-fledged Altseason.

A key factor traders are monitoring is Bitcoin dominance, which remains near its cycle peak. Historically, a decline in Bitcoin dominance has triggered a significant shift in liquidity toward altcoins, leading to massive gains. Market participants are now watching for a potential breakdown in BTC dominance, which could signal the start of the long-anticipated Altseason.

Powell’s Policy Change Could Ignite Altseason

Adding to the bullish momentum, Federal Reserve Chairman Jerome Powell recently announced a slowdown in quantitative tightening, with a gradual approach toward quantitative easing. This shift in monetary policy is seen as highly favorable for financial markets, including cryptocurrencies.

Altseason Incoming? Bitcoin Dominance at Critical Point

Market analysts have pointed out that Bitcoin dominance is approaching a critical trendline. If BTC.D breaks down, liquidity could rapidly flow into altcoins, sparking significant rallies across the sector. Some projections suggest that select altcoins could see gains ranging from 10x to 20x in the coming months.

As Bitcoin consolidates, market participants are closely monitoring Bitcoin dominance for signs of a trend shift. If historical patterns repeat, the long-anticipated Altseason could soon unfold, providing major opportunities for traders and investors looking to capitalize on the next wave of market momentum.

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