Bitcoin’s RSI Dominance Down? Crypto Analyst Seth Mentions Altcoin Market Opportunities Await!

Jakarta, Pintu News – In the world of cryptocurrencies, Bitcoin BTC1.39%->Current BTC PriceRp 1.360.585.3271.39%Market CapRp 33.034 TriliunTrading VolumeRp 1.590 TriliunCirculating SupplyRp 19.797.675 has always been the main topic in every market cycle. However, a recent analysis by a crypto analyst known as Seth on social media platform X suggests that there are changes that need to happen to the relative strength index (RSI) of Bitcoin dominance before the market can start its next bull run. According to Seth, a drop in Bitcoin’s dominance RSI is key to starting the final phase of the bull run.

Bitcoin Dominance RSI Reaches New Levels

Seth shared his latest analysis on social media platform X, highlighting an important observation about Bitcoin’s market dominance. He noted that Bitcoin’s monthly dominance RSI recently reached 70, a level that has never been reached before in Bitcoin’s history. M

hile this may look like a bullish signal at first glance, the analyst suggests otherwise. Seth warns that the dominance RSI must decline for the final phase of the bull run to occur. This perspective comes at a time when the crypto market is on the decline, which leaves investors wondering when the next bullish wave will begin.

Also Read: Crypto Analyst RektProof’s Astonishing Prediction: Bitcoin (BTC) Will Break $130,000!

Importance of Dominance RSI Decline

The decline in Bitcoin’s dominance RSI means the market is shifting to a more balanced state, allowing capital to flow into altcoins and pushing up their prices. Throughout previous bull cycles, particularly in 2021, Bitcoin’s rise was often followed by a surge of investment in altcoins, triggering a broad rally across the market.

This pattern historically marks the final phase of a bull run, where capital flows from Bitcoin to altcoins with higher short-term profit potential. As long as Bitcoin’s dominance remains high, the altcoin sector may struggle to gain momentum and continue to hamper the final phase of BTC’s bull run.

Current Market Situation

At the time of writing, Bitcoin (BTC) is trading at $81,500, showing a decline of 2.5% in the last 24 hours. Market data from CoinMarketCap shows that Bitcoin’s dominance currently stands at 61.0%, up 0.65% in the same period. This growing dominance suggests that capital is still concentrated in Bitcoin (BTC).

Conclusion

Bitcoin’s dominance RSI decline may be the key to unlocking the greater potential of the altcoin market. Investors and market watchers should pay close attention to this indicator to anticipate trend changes and capitalize on emerging opportunities. With a deeper understanding of these dynamics, market participants can make more informed and profitable investment decisions.

Also Read: Potential XRP Market Explosion After SEC Lawsuit Settlement: XRP Post-Lawsuit Analysis

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• NewsBTC. Bitcoin RSI Dominance to Crash. Accessed on March 13, 2025
• Featured Image: Finbold