• An analyst has spotted a crucial pattern in the Bitcoin-Altcoin relationship.
• Bitcoin dominance has surged after bottoming in December 2024.
• The current Bitcoin dominance trend mirrors a pre-2021 altcoin season behavior.

A cryptocurrency market analyst has spotted a crucial development in the relationship between Bitcoin and the rest of the crypto market. In a recent publication, the analyst highlighted the rediscovered momentum of Bitcoin, reflecting the cryptocurrency’s increasing dominance. 

The crypto analyst noted a resurgence in Bitcoin’s dominance, after dropping to a 54% low in December 2024. TradingView’s data shows the metric has climbed to 59% this January, following Bitcoin’s recent surge to a new all-time high.

While a rising Bitcoin dominance usually means Bitcoin is gaining popularity compared to other cryptocurrencies, the analyst used the metric as part of a bigger analysis. They compared the current Bitcoin dominance trend to its historical behavior, highlighting how the current pattern looks a lot like the trend during the last bull market. 

Related: Bitcoin Dominance at 60% Sparks Altseason Predictions

According to the analy…

The post Bitcoin Dominance Mirrors 2020/2021 Pattern: What Could This Mean? appeared first on Coin Edition.

• An analyst has spotted a crucial pattern in the Bitcoin-Altcoin relationship.
• Bitcoin dominance has surged after bottoming in December 2024.
• The current Bitcoin dominance trend mirrors a pre-2021 altcoin season behavior.

A cryptocurrency market analyst has spotted a crucial development in the relationship between Bitcoin and the rest of the crypto market. In a recent publication, the analyst highlighted the rediscovered momentum of Bitcoin, reflecting the cryptocurrency’s increasing dominance. 

The crypto analyst noted a resurgence in Bitcoin’s dominance, after dropping to a 54% low in December 2024. TradingView’s data shows the metric has climbed to 59% this January, following Bitcoin’s recent surge to a new all-time high.

While a rising Bitcoin dominance usually means Bitcoin is gaining popularity compared to other cryptocurrencies, the analyst used the metric as part of a bigger analysis. They compared the current Bitcoin dominance trend to its historical behavior, highlighting how the current pattern looks a lot like the trend during the last bull market. 

Related: Bitcoin Dominance at 60% Sparks Altseason Predictions

According to the analy…

The post Bitcoin Dominance Mirrors 2020/2021 Pattern: What Could This Mean? appeared first on Coin Edition.