Bitcoin’s price action over the past few weeks has not been impressive by the standards of altcoins. While BTC has stagnated in the low-$9,000s, certain cryptocurrencies have literally gone parabolic.
No coin shows this trend as well as Chainlink (LINK), which is now one of the top-10 cryptocurrencies. The popular altcoin, one of the most popular on Crypto Twitter by far, is up by around 400-500% since the lows of March. And it’s up by thousands of percent since the December 2018 lows.
This recent price action has pushed Bitcoin dominance to a breaking point, but many are certain that an altseason may not arrive.
Bitcoin Dominance Is At a Breaking Point
The best way to measure the performance of altcoins versus Bitcoin is through BTC dominance. BTC dominance is the percentage of the cryptocurrency market made up of BTC; the higher the percentage, the less the value altcoins have relative to the market leader.
With the recent rally in the altcoin market, a trader has noted that the metric has reached a critical level of macro importance:
“Critical level here: high from late 2018-mid 2019, now acting as the bottom for 2020. A break below 62 would signify to me further downside aka more pumps for #altcoins against BTC.”
Chart of macro BTC dominance by trader “HornHairs,” from TradingView.com
This has been echoed by another trader, the one who predicted in the middle of 2018 that Bitcoin would bottom at $3,200.
He also noted that BTC dominance is at a point where it is likely to see a strong breakdown, meaning altcoins will rally.
Fortunately for Bitcoin bulls, not everyone is convinced that this scenario will play out as most traders and market participants expect.
What Altseason?
While some altcoins may outperform, by and large, prominent investors expect most non-BTC cryptocurrencies to trend towards $0. Jason Calacanis, a prominent angel investor well known for investing in Uber and Robinhood commented in June:
“Historically, 99% of crypto projects are garbage run by unqualified idiots, delusional but below average founders or grifters… the 1% that are not, could change the world. I’m waiting for that 1% to deliver their product so I can talk to their customers. you got customers?”
There’s also been analysis by an accurate trader that Bitcoin dominance could hit 76% in 2020.
Bitcoin dominance chart and analysis shared by trader “Dave the Wave” (@davthewave on Twitter). Chart from TradingView.com
Even if there is a rally, investors have reminded the community that investing in altcoins is risky. Jason Williams, a partner at Morgan Creek Digital, recently said:
“People sell BTC to buy alt coins and straight s**t coins. I think that is super risky. I am sure, if real honest historical analysis was done, it would show holding is a superior strategy. Just as single stock pickers are losers over those that use an index. IMHO.”
His sentiment is predicated on the idea that holding Bitcoin, dollar coast averaging into the leading crypto asset, is safer and more predictable.
Featured Image from Shutterstock
Price tags: xbtusd, btcusd, btcusdt
Charts from TradingView.com
Bitcoin Dominance Is Breaking Down, But Don't Expect an "Altseason" origin »
The performance of U.S. spot Bitcoin exchange-traded funds (ETFs) continues to offer valuable insight into Bitcoin’s [BTC] probable directional bias.
As gateways for institutional participation, ETThe post Why Bitcoin’s next price breakout hinges on BTC ETF flows appeared first on AMBCrypto.
Institutional accumulation continues to tighten Bitcoin’s available supply. BlackRock clients recently purchased $319. 7 million worth of BTC.
At the same time, 635 BTC, valued at $60. 53 millionThe post Bitcoin sees $1.
Lately, leverage has been quietly reasserting itself as the main driver of Bitcoin’s [BTC] momentum. In fact, the recent breakout triggered an aggressive short squeeze, forcing traders to unwind beaThe post Bitcoin - Identifying the risks to BTC's leverage-driven price rally appeared first on AMBCrypto.
Bitcoin (BTC) surged sharply this week, surpassing the $96,000 mark as renewed institutional demand and easing inflation concerns boosted sentiment across crypto markets. Related Reading: Dogecoin Bulls Don’t Celebrate Too Early: This Level Still Must Fall The action followed a strong inflow into U.
Bitcoin surged sharply this week, climbing from roughly $91,000 on Monday to just above $95,000 by Wednesday. Meanwhile, on-chain data reveals a massive influx of BTC into major exchange wallets.
Between October 2025 and January 2026, Bitcoin [BTC] ETF outflows accelerated, rising from approximately $3 billion to nearly $6 billion.
Traders took profits near the November 2025 ATH and triggerThe post $6B exits Bitcoin ETFs, yet BTC holds KEY price range - Here's how appeared first on AMBCrypto.
Bitcoin [BTC] has maintained a position above the $90,000 level since the 3rd of January, though the asset has yet to break decisively through the $92,500 zone.
While this consolidation phase persistThe post Bitcoin: Why institutions, not retail, will decide BTC’s next move appeared first on AMBCrypto.
Strategy's Bitcoin [BTC] accumulation curve tells a long and deliberate story. Since 2020, the firm has added Bitcoin across multiple market cycles.
It served during bull peaks. It also accumulatedThe post Bitcoin: Strategy’s long game signals deepening institutional confidence in BTC appeared first on AMBCrypto.
Bitcoin’s rally stalled on 12 January as U.S. spot Bitcoin ETFs recorded another daily negative flow to cap the week. BlackRock’s IBIT led the selling and triggered a wave of real BTC transfers toThe post Bitcoin ETF redemptions explain why BTC stalled near $91k appeared first on AMBCrypto.
Bitcoin price is sitting at a decision point after a quiet pullback. Since peaking on January 5, BTC has slipped but avoided any major breakdown. Year-over-year, Bitcoin remains down approximately 4.
Large Bitcoin [BTC] holders have been reducing their exposure over the past year. BTC whale holdings of a particular cohort have decreased by roughly 220,000 Bitcoin over the past year - A sustained aThe post Explaining what Bitcoin's latest 'all-time low' means for traders like you appeared first on AMBCrypto.
Bitcoin [BTC] prices dipped below the $90k level to reach $89. 3k on the 8th of January. At press time, BTC was trading at $91k after dipping in response to news about Morgan Stanley’s Bitcoin ETF.
Bitcoin [BTC] looks shaky right now, with more downside to be expected in the near-term. However, there's more. The market is slowly changing how it treats Bitcoin, and that change will The post Bitcoin - Is it a case of 'pain today, gains tomorrow' for BTC's price? appeared first on AMBCrypto.
The BTC/USD1 trading pair on Binance experienced a brief flash crash. Bitcoin plunged to $24,000 before quickly recovering. The incident did not affect Bitcoin prices on major pairs such as BTC/USDT.
Bitcoin Magazine
Trump Media Adds 451 Bitcoin, Total BTC Holdings Surpass $1 Billion
Trump Media just added 451 Bitcoin to its holdings, bringing its total to 11,542 BTC worth over $1 billion as part of its ongoing crypto treasury strategy.
American Bitcoin ranks among the top 20 BTC treasury firms, holding 5,098 Bitcoin and unveiling new share-based exposure metrics.
The post American Bitcoin enters top 20 BTC treasuries after disclosing 5,098 Bitcoin reserve appeared first on Crypto Briefing.
Bitcoin Magazine
American Bitcoin Adds 416 BTC, Holdings Near 4,800; ProCap Hits 5,000 Bitcoin Club
American Bitcoin Corp. added 416 bitcoin to its reserve, bringing total holdings to 4,783 BTC, while ProCap Financial increased its stack to 5,000 BTC.
Bitcoin (BTC) remains under pressure as the market heads into a pivotal Federal Reserve meeting, with traders closely watching whether the macro environment will finally deliver the catalyst needed for a decisive move.
Key Takeaways
What’s driving Bitcoin’s continued decline below $100k?
Aggressive selling by whales, miners, and institutions has intensified downward pressure on BTC’s price.
What technical iThe post Bitcoin: Will $1.
Bitcoin snapped out of its $90,000 trap after Nvidia's earnings jump, but a top trader warns that the move fixes nothing unless BTC reclaims $94,000 and closes above $95,000 before month's end.
Key Takeaways
Why is BlackRock leading ETF outflows?
Per Hayes, hedge funds are liquidating their BTC positions as the basis trade declines.
What’s the pivot he sees for the market?
AccoThe post Bitcoin ETFs bleed $2.
Key Takeaways
What is driving Bitcoin’s recent decline?
Heavy selling from long-term and short-term holders, with LTHs offloading 350,000 BTC in 30 days.
Does Bitcoin still have rebound potentiThe post Bitcoin: STHs forced to sell 65K BTC in a day, but all's not lost appeared first on AMBCrypto.
Alt HD: Spot Bitcoin ETFs see $524 million surge - Are institutions quietly accumulating BTC again?
Key Takeaways
Which Bitcoin ETF led the inflows?
BlackRock’s iShares Bitcoin Trust (IBIT) toppeThe post Bitcoin - Why the $524M BTC rush is latest threat to ETH's rally appeared first on AMBCrypto.
Key Takeaways
Why is Bitcoin's price weak?
Major economic zones were aggressively selling Bitcoin, with the US at the forefront.
Will BTC hit $95K in November?
The odds of Bitcoin reaching $95,0The post U.
U.S. spot Bitcoin ETFs resumed inflows on Nov. 7 as institutional demand for the bellwether asset returned, after BTC bulls successfully defended the $100K support level. According to data from SoSoValue, the 12 spot Bitcoin exchange-traded funds recorded $240 million…
Bitcoin’s (BTC) April 2024 halving cut block rewards from 6. 25 to 3. 125 BTC, compressing the hash price and forcing Bitcoin miners to reconsider their business model. Instead of waiting for fee markets to rescue margins, the largest operators started signing contracts to lease infrastructure to AI tenants.
A Bitcoin OG wallet tied to Owen Gunden has sent 2,587.6 BTC ($290M) to Kraken in under 10 days
The post Bitcoin OG Whale with 10K BTC Is Dumping Aggressively as Scarcity Deepens appeared first on Coinspeaker.
South Korea’s publicly listed Bitplanet has begun its daily Bitcoin accumulation program, purchasing 93 BTC on Oct. 26 as part of a long-term plan to build a 10,000 BTC treasury. The move marks the country’s first fully regulated Bitcoin purchase…
Bitcoin price started a fresh increase above $92,500. BTC is trading above $95,000 and attempting a close for another increase to $100k. Bitcoin started a decent increase above $92,000 and $94,500.
Standard Chartered has dramatically slashed its multi-year price targets for Ether for 2026 through 2028 due to broader weakness across digital assets.
Strategy revealed its biggest Bitcoin purchase in over five months on Monday, after spending more than a billion dollars on the asset last week, according to a press release.