Altcoin Season: Is Bitcoin Dominance Finally Losing Its Grip? 😂📉

Oh, great. Here we go again. The so-called “altcoin season” is supposedly on the horizon because Bitcoin dominance is doing its best Titanic impression—sinking faster than you can say “HODL.” 🚢 Remember the last time this happened? Altcoins went wild, and everyone suddenly became a crypto genius. Well, guess what? Analysts are back at it, pointing out some squiggly lines on charts that apparently mean we’re headed for another altcoin frenzy. Because, you know, history always repeats itself. Or does it? 🤔

MACD Crossover: The Crypto World’s Version of Palm Reading? 🔮

So this guy, Merlijn The Trader (yes, he sounds like a medieval knight), decided to hop on X (formerly Twitter) and drop some knowledge bombs about something called a “MACD crossover.” Apparently, this magical crossover happens right before altcoins decide to moon. It happened in 2017, then again in 2020, and even earlier this year in 2024. And now, guess what? Another bullish crossover just showed up in July. 🎉 Cue the confetti!

According to Merlijn—and I’m paraphrasing here—”If history repeats itself, we’re about to see altcoins explode like a bag of microwave popcorn.” 🍿 But let’s be real, folks. Just because something worked twice or thrice doesn’t mean it’s foolproof. What if this time the MACD crossover is just… wrong? Ever think of that, Merlijn?

Bitcoin Dominance: Falling Faster Than My Confidence on a Monday Morning ☕📉

Meanwhile, Bitcoin dominance is plummeting faster than my motivation when Monday morning rolls around. For five months straight, Bitcoin has stubbornly stayed above 60%. But now? Oh no, it’s flirting with breaking below that level. Twice in July, altcoin bulls tried to push it down but failed miserably. Third time’s the charm, right? Or maybe not. Who knows? 🤷‍♂️

And if you needed more evidence—or should I say, hope—that altcoin season is coming, there’s this thing called the Altcoin Season Index. According to CoinMarketCap, it’s currently sitting at 44. That means 44 out of the top 100 altcoins are outperforming Bitcoin over the past 90 days. If it hits 75, congratulations, we’ve officially entered altcoin season. Get ready for your Twitter feed to become an endless stream of “I told you so” posts from people who bought Shiba Inu at $0.00000000001. 🐶💸

So, will this really happen? Will altcoins take off while Bitcoin takes a backseat? Or are we all just falling for the same old tricks again? One thing’s for sure: whether it’s Bitcoin, altcoins, or NFTs of rocks, someone somewhere is making money. Probably not you, though. Sorry. 😅

2025-07-31 17:13

MACD Crossover: The Crypto World’s Version of Palm Reading? 🔮

Bitcoin Dominance: Falling Faster Than My Confidence on a Monday Morning ☕📉

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