What TOTAL2 Market Cap Level Confirms an Altcoin Breakout?
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- Bitcoin surges >$85k, but BTC Dominance shows weakness (RSI/MACD)
- Altcoin market cap (TOTAL2) breaks $960B, tests key $1.02T Fib resistance
- Weak BTC.D and a strong TOTAL2 test historically signals altcoin season start
Bitcoin just broke key resistance, surging over 8% in seven days past $85,000. But technical signals suggest this BTC strength might soon fuel a major altcoin rally, potentially kicking off a powerful “altcoin season.”
According to CoinMarketCap data, Bitcoin dominance now stands tall at 63.8%, continuing its upward trajectory.
Is Bitcoin’s Dominance Peaking?
However, if we look closely, BTC dominance has entered the RSI overbought zone (69.82), and the MACD histogram is showing weakening momentum, signaling that a rotation may be near.
Historically, such conditions in BTC dominance precede a reallocation of capital into altcoins. And this time, the signs are aligning with even more weight.
Related: Bitcoin, Altcoins Fall as US Tariff Hike on China Spooks Global Markets
Altcoin Market Cap (TOTAL2) Tests Key Breakout Level
The Total Crypto Market Cap excluding BTC (Total2) has crossed the $960 billion mark, showing its first…
The post What TOTAL2 Market Cap Level Confirms an Altcoin Breakout? appeared first on Coin Edition.
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