Bitcoin Dominance Expected to Peak, Triggering a Powerful Altcoin Rally

A groundbreaking analysis by crypto expert Crypto Patel has revealed that Bitcoin’s dominance could reach 63% before a significant shift in market power. This predicted reversal is expected to lead to an explosive surge of capital into altcoins, sparking what many refer to as ‘altseason’. 63% is the peak for BTC dominance and represents an overbought point on the chart. Patel’s Elliott Wave framework suggests that this peak marks a completion of Wave 4, indicating an imminent shift in market dynamics. The predicted surge towards 63% will then trigger a massive rotation of capital into altcoins. Historical data supports this prediction, as similar shifts have historically coincided with significant gains in leading altcoin projects such as Ethereum, Solana, and Avalanche.