According to an analyst on X, the hold of Bitcoin on the market sees too strong for Altcoins to break freely soon. Bitcoin’s price Ticked up to around $ 104,000 after climbing 0.4%. It had fallen briefly to $ 103,000, but buyers arrived quickly.
It pushed it back to the $ 105k. At the same time, the American Federal Reserve kept the interest rates stable, making traders alert to all wrinkle effects.
Bull Market Support Band explained
On the basis of reports, the Bull Market Support Band lies between two important advancing averages. One is a simple advancing average of 20 weeks. The other is an exponentially advancing average of 21 weeks.
Together they form a zone that Bitcoin Dominance has used as a springboard all year round. When dominance tests that area, it usually bounces higher instead of falling further.
$ Btc.d – As long as the Bitcoin – Dominance continues to keep his Bull Market Support Band, there will be no altiation season. pic.twitter.com/xCydyudxp2
– Luca (@Cryptictrades_) June 19, 2025
Historical support tests
Bitcoin -Dominance fell from around 56% in June 2024 to 54% in July of that year, but found support. It also fell from 58% to 56% between the end of December 2024 and January 2025.
Every time the support band held. More recently, the dominance fell on May 14 to 61% after a peak at 65% on 7 May, only to recover to 64% within a few days.
$ Btc.d – As long as the Bitcoin – Dominance continues to keep its Bull Market Support Band, there is no risk that this is a distribution vote for $ BTC.
pic.twitter.com/GS8R9JNIPB
– Luca (@Cryptictrades_) June 19, 2025
Warnings and scenarios of analysts
Other experts see a different image. Bitcoinenensus Warnings Dominance could “fall from a cliff” before each Altcoin season starts. That image suggests a sudden drop, perhaps giving altcoins their moment.
An analyst points to a possible double top pattern in dominance. If Bitcoin cannot delete resistance, money can flow in Altcoins. But when dominance breaks higher, some believe that Bitcoin could strive for a new record.
Restrictions on Dominance Metriek
Dominance only measures Bitcoin’s share in the total crypto market capitalization. It can slip if stablecoins Last flood or as new tokens, even when Altcoins do not gather. And an increase in dominance can mean that Altcoins are sold out.
Traders must know that moving average support lines can fail in turbulent markets. A pattern that works for months can break when the climate changes.
Ultimately, the Bull Market Support Band offers a clear trend line. It shows that Bitcoin is still the favorite for many investors. Nevertheless, trust in one technical tool can miss larger movements that are powered by Real -World news or new blockchain data.
For now, however, the dominance of Bitcoin looks safe – unless something big shifts in the coming weeks.
Featured image of imagen, Graph of TradingView