- Bitcoin dominance faces a potential “mega dump,” signaling an upcoming altcoin breakout.
- Analyst predicts a Bitcoin top near $170K, with $109K as key bull confirmation.
- Market cycle may peak in October 2025, with a possible bottom by November 2026.
Bitcoin dominance is on the verge of a dramatic decline, according to EGRAG CRYPTO, a popular crypto analyst. The expert suggests that the leading cryptocurrency by market share may witness a sharp drop in dominance, paving the way for a massive altcoin rally. Investors are urged to prepare for a significant market shift as the altcoin season approaches.
Bitcoin Dominance: A Ticking Time Bomb?
EGRAG CRYPTO’s analysis suggests that Bitcoin’s dominance is facing a potential “mega dump.” The term refers to a sharp reduction in Bitcoin’s share of the overall cryptocurrency market. When Bitcoin dominance drops, altcoins often experience explosive growth, making it a highly anticipated event for altcoin investors.
According to the analyst, the Bitcoin dominance chart is showing signs of a bubble that is on the brink of bursting. Historical data indicates that such market cycles are followed by dramatic price movements in altcoins. EGRAG CRYPTO emphasizes the importance of taking profits during the peak of the rally, as the market is expected to experience a sharp correction afterward.
🚀 Bitcoin Dominance — The Coming Mega Dump!
— EGRAG CRYPTO (@egragcrypto) May 9, 2025
YOU ARE NOT #BULLISH ENOUGH
The chart signals we’re about to witness the greatest drop in #BTC Dominance! 💥🤑 This move will be so huge, your wildest dreams can’t fully imagine the profits in this #AltSeason that you will make.… pic.twitter.com/cMnpdHuGsp
Gold’s Strategic Role Amid Crypto Volatility
Besides cryptocurrency, EGRAG CRYPTO has also shared insights on gold as a strategic investment. The analyst believes that when the gold price dips below $2,300, it presents a buying opportunity, with a target range between $1,850 and $2,000. This approach aims to balance the volatility of cryptocurrencies with the relative stability of precious metals.
Key Levels for Bitcoin: What to Watch
EGRAG CRYPTO identifies crucial levels for Bitcoin, with $170,000 as the projected cycle top. However, the analyst warns that Bitcoin must close above $109,000 to confirm a bull market. A failure to maintain this level could result in a bull trap, leading to a sharp correction.
Furthermore, EGRAG CRYPTO’s analysis aligns with historical market patterns. Each market cycle has historically lasted between 365 and 396 days. The next cycle top is expected around October 2025, followed by a potential bottom between October and November 2026.
