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Bitcoin Dominance Explodes to 60.66% and Buries Altseason Hopes for 2026

BeInCrypto
Bitcoin dominance reaching 60.66% signals capital outflows from altcoins, making a significant altseason unlikely before the end of 2026.

Summary

Bitcoin dominance has surged past 60%, breaking out of an eight-month accumulation phase. Technical indicators, including weekly and daily charts, suggest a path toward 66%, driven by capital rotating out of altcoins. With the Altcoin Season Index at 37 and historical trends indicating that altcoins struggle until Bitcoin reaches new highs, analysts remain skeptical about the possibility of an altseason in 2026.

(Source:BeInCrypto)