Altcoin season gets renewed hope as Bitcoin Dominance flashes red

Altcoin season has lingered for so long it is starting to feel like just a dream, but there is still hope in this cycle with a new development.

Data shared on 16 October shows that Bitcoin Dominance, a major hindrance to the realization of an altcoin season is in the red, bringing renewed hope to altcoin investors.

Several analysts see signs that this critical indicator is moving downward and Altcoins are already having the upper hand.

Light at the end of the tunnel

For those unfamiliar with the term, Bitcoin Dominance is a measure of how much of the market share Bitcoin accounts for.

The higher the dominance which has a value between 0 and 100, the less likely it is for altcoins to rally, causing the altcoin season to delay further.

Thanks to the current trend, the dominance is slowly giving way and altcoins are gaining more ground.

One analyst says the indicator is seeing a major retest of low levels, which is a big edge for altcoins that he said are already taking back market share.

However, the outcome will be different if Bitcoin starts to rise towards its latest all-time high of $26,000, suggesting that the long-term success of alts depends on Bitcoin staying below.

$BTC.D Well, there is the big "retest" on the Bitcoin Dominance chart after the massive flush.

Technically looking pretty good for alts relative to $BTC here with alts taking back the market share straight away.

Would assume alts keep outperforming on any bounces that occur… pic.twitter.com/HWqbr6cqVt

— Daan Crypto Trades (@DaanCrypto) October 15, 2025

Another analyst says that Bitcoin Dominance has broken downward from an ascending broadening wedge that has lasted for over two years, which is a sign of great relief for altcoins.

If this downward move is sustained, it won’t be long before altcoins take the stage and enter into a rally.

#Altcoins

I can hardly remember when we needed more patience than in this cycle.

But knowing in the back of my mind that $BTC Dominance has broken downwards from a +2-year ascending broadening wedge makes me feel very, very positive.

BTC.D down = Crypto up. pic.twitter.com/X2VmMyfqAz

— 𝕄𝕠𝕦𝕤𝕥𝕒𝕔ⓗ𝕖 🧲 (@el_crypto_prof) October 15, 2025

A long dream

Altcoin investors have waited a long time for Bitcoin to give way for an altcoin season, but the dream seems to be delaying beyond expectation.

The current drop in Bitcoin Dominance signals hope, but it could be due to the general market correction. It will only become clear if Bitcoin gets left behind when altcoins recover.

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