For altseason to happen it must hit 50% , I think it will but who knows this has been a very unpredictable cycle.
We have another rate cut coming in just 5 days now , CT ending & hopefully some good news with US & China tariff deal in the next week or two.
We need all the above to happen for altseason.
I don't believe Bitcoin (BTC) dominance will go to 50% anytime soon, that's because the hype surrounding Bitcoin (BTC) is still strong. While it's still a possibility, I believe it's likely to happen in early Q1 of next year. Even if it does happen in Q4, it should be at the end of the quarter, not the beginning or middle.
In my understanding, when Bitcoin's market dominance drops below 50%, it likely signals that we are entering the altcoin season. Those who have patiently waited
for this moment will finally see it arrive.
They will only succeed if the assets they have held for months or years actually generate good profits for them,
and we should also know how to time the right moment to sell our holdings.
Unless there will be a big event to happen, it's impossible to see BTC.D goes down even further. Just look at the chart show how it's reaching the floor and slowly bounced back again.
If you're also watching it carefully how it may be retracing back to the 60% level to follow the wick that happened last days.
Believe me, your target to see BTC.D goes downto 50% this quarter will not happen.