Crypto Analyst Predicts Final Rise in Bitcoin Values Before Altcoins Gain Momentum
Crypto Analysis: Bitcoin May Face Final Breakout Before Altcoins Shine
In the world of cryptocurrencies, one analyst's insights could light the path for investors. Known as Rekt Capital, this prominent figure in the crypto community recently shared their thoughts on Bitcoin's (BTC) future and the potential waiting for altcoins.
According to Rekt Capital, Bitcoin's dominance (BTC.D) may reach its final leg in an uptrend towards 71%, opening the gates for altcoins to take center stage[1]. This metric is calculated by measuring the proportion of the total crypto market cap that belongs to BTC. Reaching this level would indicate a shift in the market share towards altcoins.
At the time of writing, Bitcoin dominance stands at 64.82%, and Rekt Capital believes a successful retest and trend continuation could push this figure towards 71%.
The analyst is not done yet. They've also highlighted the importance of Bitcoin holding a crucial level at $93,500 on the weekly chart to maintain its bullish momentum[1].
For those following Bitcoin's timeline, Rekt Capital's idea may seem familiar. The pattern predicted for BTC's price action, if it plays out, closely resembles historical movements, including rejections, holding key support levels, breaking crucial resistance, and hitting new all-time highs[1].
As Bitcoin attempts to navigate this possible path, investors and traders can stay updated on the latest stories, industry announcements, and trending topics in the crypto world through platforms such as HODLX[2][3]. While it's always crucial to do thorough research before investing in cryptocurrencies, keeping an eye on expert analysis like Rekt Capital's could offer valuable insights for navigating the ever-changing crypto markets.
References:
[1] The Daily Hodl Staff. (May 6, 2025). Altcoins May Outperform Bitcoin — Analyst Says BTC Will Have One Last Breakout Rally Before Altcoins Shine. The Daily Hodl. [Online]. Available: https://dailyhodl.com/2025/05/06/altcoins-may-outperform-bitcoin-analyst-says-btc-will-have-one-last-breakout-rally-before-altcoins-shine/
[2] HODLX. [Online]. Available: https://hodlx.com/
[3] The Daily Hodl. (n.d.). About Us. The Daily Hodl. [Online]. Available: https://dailyhodl.com/about/
Industry Announcements
chainwire.com reported that Bybit has successfully bounced back after last year's $1.5 billion hack[4]. Moreover, ProMeet unveiled the Promeeters Program, which aims to boost influencer impact and long-term earnings[4]. In other news, DogeOS raised $6.9 million in funding to launch a Dogecoin app layer[4].
In the latest crypto headlines, Casper Network's Casper 2.0 went live on mainnet[4]. MultiBank Group is preparing to tokenize $3 billion in real estate assets with MAG[4]. Pepeto is set to launch on exchange after its presale concluded and platform milestones were achieved[4]. Finally, BC.GAME initiated phase two of its social mining campaign, expanding its ecosystem engagement with the BC Token[4].
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Bitcoin's dominance in the cryptocurrency market might be nearing its final uptrend, potentially allowing altcoins to claim a larger market share, as suggested by Rekt Capital's analysis. As Bitcoin's dominance metric (BTC.D) approaches 71%, altcoins could gain significant attention in the finance sector. Meanwhile, Bitcoin's future success relies on holding the crucial level at $93,500 on the weekly chart.
