Is the Decline in Bitcoin Dominance a Sign That Altcoins Are About to Break Out

• Analysts believe a recovery in the altcoin sector is likely.
• 
  BTC dominance and ETH/BTC ratio indicated a likely easing in the sector.
  

The momentum for altcoins witnessed a slowdown in December following an explosive November that saw significant gains for
Dogecoin [DOGE],
Ripple [XRP],
and .
.

The next phase of the altcoin season may be approaching, drawing from historical patterns observed with ,

Could we be on the brink of another altcoin season?

According to crypto analyst

"History indicates that tomorrow’s market movements are promising for altcoins."

Taken from X (via Twitter)

Source: X (official account).
A six-month analysis suggests that BTC dominance has reached significant resistance levels, and any push-back could decrease its standing favoring an upturn for alternative cryptocurrencies.

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