Bitcoin’s Dominance Hits Resistance: Is The ETH, XRP, DOGE Rally Coming?
Posted On May 16, 2025
Bitcoin (CRYPTO: BTC) may be approaching a critical inflection point that could spark a wave of strength across the altcoin market, according to a prominent cryptocurrency analyst.
What Happened: In a podcast published on May 14, analyst Kevin pointed to the convergence of technical signals and improving macroeconomic trends that support a bullish scenario.
He explained that Bitcoin’s resistance at $106,800 (1.272 Fibonacci extension level) now aligns with a notable decline in BTC dominance and falling USDT dominance.
Historically, this combination has preceded major altcoin rallies.
“We’re seeing macro clarity,” Kevin noted, citing strong labour data, consistent GDP growth and easing inflation.
He believes the recent …
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