Bitcoin Dominance Weakening: Altcoins poised for breakout

Despite recent surges, Bitcoin’s dominance is declining, signaling a potential correction in the near future. Market analyst Michaël van de Poppe highlights this weakening trend, suggesting a possible decline even after a temporary spike above 60%. This decline comes alongside heightened anticipation of an ‘altcoin season’, as crypto analysts anticipate further price drops for Bitcoin, potentially leading to a significant upward movement for other altcoins.