After hitting new peaks around $111,800, Bitcoin’s price has recently experienced a slight pullback below that level. However, a significant purchase from BlackRock adds to the bullish trend. Notably, retail investors haven’t yet entered the market with their purchases, indicating untapped potential for further growth. 2025 may see an early Altseason as altcoins like Ethereum, XRP or Cardano have been consolidating their gains at a slower pace compared to Bitcoin. The total market capitalization of altcoins excluding Bitcoin and Ethereum has rebounded from a pivotal support level and is now just 20% away from its historical highs. This upward movement has also surpassed a key resistance level, paving the way for potential growth in the Altcoin market. Notably, if the current trends continue to remain positive, the Ichimoku cloud may exhibit a bullish crossover which could propel the market towards new all-time highs above $1.13 trillion, potentially marking the beginning of an Altseason. 4 Bitcoin dominance is currently experiencing another decline after encountering a rejection before recovering above 65%, indicating a transfer of liquidity from Bitcoin to altcoins. The continued upward pressure on Bitcoin’s price, coupled with a potential drop in value and accompanying dominance, could further fuel altcoin growth. However, for an Altseason to truly take off, Bitcoin needs to hold between $105K and $108K. This threshold will act as a catalyst for a significant rise in altcoins later in 2025.