Is the dominance of bitcoin that hinders the Altcoin season?

The continuous increase in Bitcoin hegemony (BTC.D) has fueled speculation about the possibility of the altcoin season. While some analysts expect a correction in BTC.D that can open the door to Altcoins to gain strength towards, the market expert has raised caution.

He argues that the current session may differ from previous patterns, which is unlikely to sell bitcoin holders their positions to turn to Altcoins.

Does Bitcoin reduce the possibility of Altcoin growth?

Beincrypto mentioned last week that Bitcoin dominance has reached its highest level In more than four years. According to the latest data, BTC.D reached 64.5 %, an increase of 11 % since the beginning of the year.

Many analysts expect a decline in the scale. Mister Crypto, for example, indicated that BTC.D seems ready to reject the main trend line. This level of resistance is important because, historically, bitcoin dominated her breach.

“Bitcoin dominance is about to refuse here. Once this happens, Altcoins will gather severely!” books.

Another analyst shared his optimistic view, indicating an imminent shift.

“Bitcoin’s dominance. Altseason will come this year. You just need patience”, Merlijn Trader to publish.

Beincrypto also reported similar market expectationsHighlight the expectations of the merchants for the Altcoin season. However, everything is not agreed. Experts remain divided when Altseason is exactly.

Meanwhile, Scott Milkir, the host of all streets, took a stronger position, and claimed that the current session was primarily different.

In the last post on X (Twitter previously), Melker explained that in previous market courses, investors have rotated their investments Between bitcoin and altcoinsWhich caused transformations in the dominance of Bitcoin.

“This time, new funds flow to Bitcoin from retail, institutions and even governments – and do not flow to Altcoins. It cannot be transferred from the investment funds circulated to Mimi,” Milker, Milker Note.

Milker confirmed that The decline of Altcoins against Bitcoin is largely driven by owners Sell ​​their altcoins out of necessity instead of transferring capital to Bitcoin. According to him, this represents “surrender”, as investors abandon Altcoins due to financial pressures instead of the market strategy.

However, the same thing is not the case for BTC. Unlike altcoin holders, Bitcoin investors do not sell to buy Altcoins. Thus, Melker’s analysis indicates that Altcoins may require the flow of the external capital to recover rather than rely on the traditional flow of funds from Bitcoin.

This shift in the market behavior is in line with wider trends in the coded currency area. Bitcoin is increasingly viewed as a medium store Economic inflation Fears.

“This bitcoin course may change from risk to hedge of inflation because there is no place other than gold and BTC to stop money,” which is an analyst. Stuck.

In addition, Beincrypto noticed yesterday that the US dollar index (DXY) He decreased to the lowest level for three years. The decrease in a bitcoin gathering.

It rose to 87,000 dollars yesterday, on the occasion of the highlands that were last seen on liberation day. In addition, the gathering continued.

Over the past day, the largest encrypted currency witnessed a 0.91 % increase. At the time of writing this report, it was circulated at $ 88,408.

It is worth noting that the decline in the dollar has benefited from gold. The precious metal rose to the highest new level (ATH) of $ 3,456 today.

“Gold prices have now increased +47 % over the past 12 months,” Kobe’s message open.

The contradictory offers were reinforced Bitcoin as a reliable investment, put it alongside gold. As economic concerns are increased, both assets appear as a major safe messages.