I feel like BTC dominance could hit 50% this Q4. That might be the right time to cash out on our altcoins.
Can Bitcoin Dominance Hit 50% Soon?
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Yeah, for altseason to kick in, we need it to touch 50%. I think it’s doable but who even knows anymore. This cycle has been wild... We've got a rate cut coming in a few days and fingers crossed for some positive news on the US-China tariffs soon.
I doubt Bitcoin’s dominance will hit 50% anytime soon. The buzz around BTC is still strong. If it does, I think it'll be more of an early Q1 thing. Even if it goes down in Q4, it’ll probably be at the end, not the start.
From what I see, when BTC drops below 50%, that’s usually a sign for altcoin season. Those who have been patient might finally see some returns. But timing is key for selling the assets we've been holding onto.
Unless something major happens, I can’t see BTC dominance dropping any further. If you look at the charts, it’s been bouncing back up. It might be heading towards the 60% mark again. Your 50% target for this quarter seems unlikely to me.